The Following Information Is Available for Anderson Company at December

Essay

The following information is available for Anderson Company at December 31,2016:
$\begin{array}{ll}\text { Additional paid-in capital, common } & \$ 490,000 \\\text { Common stock, } \$ 5 \text { par value, } 40,000 \text { shares issued } & 200,000 \\\text { Dividends payable } & 415,000\\\text { Long-term investment in Jacobs Company }&1,400,000\\\text { Marketable securities } & 610,000 \\\text { Retained earnings } & 242,000 \\\text { Treasury stock, common, } 8,000 \text { shares } & 176,000\end{array}$
Required:
Prepare the stockholders' equity section of a classified balance sheet at December 31,2016.Assume 400,000 shares of common stock are authorized to be issued.