Use the Northeast Corporation data in Exercise to prepare the stockholders equity section of the company’s balance sheet at December 31, 2011.
Common stock $2.00 par value per share,
2,100 million shares issued.................... $ 4,200
Capital in excess of par value ................ 8,400
Retained earnings.................................. 250
Treasury stock, at cost.......................... (70)
Total stockholders equity................. $12,780