The following stockholders equity accounts, arranged alphabetically, are in the ledger of Roder Corporation at December 31, 2014. Prepare a stockholders equity section. (LO 7), AP Com

The following stockholders’ equity accounts, arranged alphabetically, are in the ledger of Roder Corporation at December 31, 2014.

Prepare a stockholders’ equity section.

(LO 7), AP

Common Stock ($2 stated value)

$1,600,000

Paid-in Capital in Excess of Par Value—Preferred Stock

45,000

Paid-in Capital in Excess of Stated Value—Common Stock

1,050,000

Preferred Stock (8%, $100 par, noncumulative)

600,000

Retained Earnings

1,334,000

Treasury Stock (12,000 common shares)

72,000

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