The Following Stockholders' Equity Accounts, Arranged Alphabetically, Are in the Ledger

Essay

The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Marvel Corporation at December 31, 2014. $\begin{array}{lr}\text { Common Stock ( } \$ 5 \text { stated value) } & \$ 2,800,000 \\\text { Paid-in Capital in Excess of Par Value-Preferred Stock } & 45,000 \\\text { Paid-in Capital in Excess of Stated Value-Common Stock } & 1,050,000 \\\text { Preferred Stock ( } 8 \%, \$ 100 \text { par, noncumulative) } & 1,000,000 \\\text { Retained Earnings } & 1,684,000 \\\text { Treasury Stock }(10,000 \text { shares) } & 98,000\end{array}$
Instructions
Prepare the stockholders' equity section of the balance sheet at December 31, 2014.