The following accounts appear in the ledger of Sather Inc. after the books are closed at December 31, 2012.
| Common Stock (no-par, $3 stated value, 411,400 shares authorized, 382,600 shares issued) |
|
$ 1,147,800 |
| Paid-in Capital in Excess of Stated Value-Common Stock |
|
1,143,300 |
| Preferred Stock ($54 par value, 8%, 41,210 shares authorized, 16,360 shares issued) |
|
883,440 |
| Retained Earnings |
|
932,700 |
| Treasury Stock (8,670 common shares) |
|
60,690 |
| Paid-in Capital in Excess of Par Value-Preferred Stock |
|
32,910 |
prepare the stockholders' equity section at December 31, assuming $100,000 of retained earnings is restricted for plant expansion.