Instructions: 1. Using the notes in the spreadsheet, complete the Stockholder's Equity Section of the Balance Sheet **The zeroes indicate where to place amounts; there are no formulas in the spreadsheet. You must calculate amounts and enter them in the cells. You may use formulas or you may simply enter the amounts.

Keaubie, Inc. Notes: Balance Sheet Preferred Stock: Sold 6000 shares @ $14 per share May 31, 2020 Common Stock: Sold 125,000 shares @ $12 per share Retaied Earnings: $250,000 Stockholder's Equity: Treasury Stock: 8000 shares @ $2 per share Paid - In Capital: Preferred Stock 5%, $4 par (8000 shares authorized, 6000 issued and outstanding) $ - Excess of issue price over par $ - Paid in Capital - Preferred $ - Common Stock, $2 par (200,000 shares authorized, 125,000 issued) $ - Excess of issue price over par $ - Paid - In Capital - Common Stock $ - Total Paid - In Capital $ - Retained Earnings: $ - Total $ - Treasury Stock (8000 shares at cost) $ - Total Stockholder's Equity