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The following accounts and their balances were selected from the unadjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31, the end of the current fiscal year 1 Common Stock, no par,$12 stated value 4,116,000.00 2 Paid-In Capital from Sale of Treasury Stock 48,600.00 3 Paid-In Capital in Excess of Par-Preferred Stock 11,000.00 4 Paid-In Capital in Excess of Stated Value-Common Stok 64,000.00 s l Preferred 2% Stock, $105 par 140,000.00 Retained Earmings 40,320,000.00 Prepare the Paid-In Capital portion of the Stockholders'Equity section of the balance sheet using Method 1 of Exhibit 6. There are 375,000 shares of common stock authorizod and 85,000 shares of preferred stock authonized. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Amount Descriptions Common stock dividends Common stock, no par, $12 stated value; 375,000 shares authorized, 343,000 issued Excess of issue price over par From sale of treasury stock Increase in retained earnings Preferred stock dividends Preferred 2% stock, $105 par: 85,000 shares authorized, 68,000 issued Total contributed capital Total paid-in capital Prepare the Paid-In Capital portion of the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit6. There are 375,000 shares of common stock authorized and 85,000 shares of preferred stock authorized. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Score: 29/68 Point Loma Group Inc. Stockholders' Equity (Paid-In Capital Section) October 31, 20xX Paid-in capital: 2Common stock, no par, $12 stated value; 375,000 shares authorized, 343,000 issued$4,116,000.00 464,000.00 Excess of issue price over par Preferred 2% stock, $105 par; 85,000 shares authorized, 68,000 issued 7,140,000.00 1 Excess of issue price over par 211,00000 From sale of treasury stock 48,600.00 Total paid-in capital 11,979,600.00 Points: 5.97/14