Question: I got a question wrong (partially) the places marked with the red X is what I need help with. thank you. At December 31, Idaho

 I got a question wrong (partially) the places marked with the

I got a question wrong (partially) the places marked with the red X is what I need help with. thank you.

At December 31, Idaho Company had the following ending account balances: Retained Earnings $250,000 Preferred Stock ($100 par, 7% cumulative, 10,000 authorized, 5,000 issued and outstanding) 500,000 Treasury Stock 40,000 625,000 Paid-In Capital in Excess of Par-Common Stock Paid-In Capital in Excess of Par-Preferred Stock Common Stock ($5 par value, 500,000 shares authorized, 105,000 issued) 50,000 525,000 Prepare the Stockholders' equity section of the balance sheet in good form with all of the required disclosures. Stockholders' Equity 500,000 Paid-in capital: Preferred 7% stock, $100 par, (10,000 shares authorized, 5,000 issued) Common stock x Additional paid in capital-common stock X Excess of issue price over par 1,700,000 Total paid-in capital Retained earnings 250,000 Treasury stock 40,000 Total stockholders' equity 1,910,000

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