Question 7

QS 11-19 (Algo) Preparing stockholders' equity section LO P1, C2, P3 On December 31, Westworld Incorporated has the following equity accounts and balances. Preferred Stock Common Stock Treasury Stock $8,200 Retained Earnings 2,200 Paid-In Capital in Excess of Par Value, Common Stock 3,200 Paid-In Capital in Excess of Par Value, Preferred Stock $51,000 40,200 4,200 Prepare the stockholders' equity section of Westworld's balance sheet. Note: Amounts to be deducted should be indicated by a minus sign