The following accounts and their balances were selected from the unadjusted trial balance of Sailors Inc., a freight forwarder, at August 31, the end of the current fiscal year:

Preferred 2% Stock, $100 par................ $ 750,000

Paid-In Capital in Excess of Par—Preferred Stock ......... 90,000

Common Stock, no par, $5 stated value ..................... 562,500

Paid-In Capital in Excess of Stated Value—Common Stock... 75,000

Paid-In Capital from Sale of Treasury Stock .................... 63,750

Retained Earnings .............................................................1,875,000

Prepare the Paid-In Capital portion of the Stockholders’ Equity section of the balance sheet. There are 200,000 shares of common stock authorized and 80,000 shares of preferred stock authorized.