Wilco Corporation has the following account balances at December 31, 2014.\nCommon stock, $5 par value $ 510,000\nTreasury stock 90,000\nRetained earning
Wilco Corporation has the following account balances at December 31, 2014.
\r\nCommon stock, $5 par value $ 510,000
\r\nTreasury stock 90,000
\r\nRetained earnings 2,340,000
\r\nPaid-in capital in excess of par—common stock 1,320,000
\r\nPrepare Wilco’s December 31, 2014, stockholders’ equity section.