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    May 17, 2012, 02:20 PM
    accounting
    The following stockholders' equity accounts arranged alphabetically are in the ledger of McGrath Corporation at December 31, 2011.

    Common Stock ($10 stated value) $1,500,000
    Paid-in Capital from Treasury Stock 6,000
    Paid-in Capital in Excess of Stated Value-Common Stock 690,000
    Paid-in Capital in Excess of Par Value-Preferred Stock 288,400
    Preferred Stock (8%, $100 par, noncumulative) 400,000
    Retained Earnings 776,000
    Treasury Stock-Common (8,000 shares) 88,000


    Complete the stockholders' equity section at December 31, 2011. (List entries by the format used in the text. Enter all amounts as positive amounts and subtract where necessary.)

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