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

Common Stock ($5 stated value) .............$2,000,000

Paid-in Capital from Treasury Stock ........... 10,000

Paid-in Capital in Excess of Par—Preferred Stock ....... 679,000

Paid-in Capital in Excess of Stated Value—Common Stock ... 1,600,000

Preferred Stock (8%, $50 par, noncumulative) ....... 800,000

Retained Earnings .................. 1,748,000

Treasury Stock (10,000 common shares) ......... 130,000

Instructions

Prepare a stockholders’ equity section at December 31, 2014.