The following accounts appear in the ledger of Horner Inc. after the books are closed at December 31.

Exercise 11-20 Your answer is partially correct. Try again The following accounts appear in the ledger of Horner Inc. after the books are closed at December 31 Common Stock, no par, $1 stated value, 382,800 shares authorized; 321,500 shares issued 321,500 Common Stock Dividends Distributable Paid-in Capital in Excess of Stated Value-Common Stock Preferred stock, $6 par value, 8%, 35,330 shares authorized: 25,890 shares issued Retained Earnings Treasury Stock (11,700 common shares) Paid-in Capital in Excess of Par-Preferred Stock 32,130 1,134,700 155,340 759,000 93,600 344,530 Prepare the stockholders' equity section at December 31, assuming retained earnings is restricted for plant expansion in the amount of $119,580. (Enter account name only and do not provide descriptive information.) HORNER INC. Balance Sheet (Partial) December 31, 200 Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock 155340 Common Stock 321500 Common Stock Dividen 32130 289370 Total Capital Stock 444710 Additional Paid-in Capital Paid-in Capital in Exces Paid-in Capital in Exces Total Capital Stock Total Paid-in Capital 344530 1134700 1479230 1523940 Retained Earnings 759000 Total Paid-in Capital and Retained Earnings 2282940 Less . Treasury Stock 93600 Total Stockholders' Equity 2189340