Components of Stockholders’ Equity Nash Company has the following accounts among the items on its balance sheet at December 31, 2010:
Common Stock, $10 par, 10,000 shares authorized, 9,000 issued, 8,000 outstanding
Preferred Stock, $100 par, 8%, cumulative, 1,000 shares authorized, issued, and outstanding
Cash Dividend Payable ………………………………….$ 50,000
Retained Earnings ……………………………………….. 100,000
Additional Paid-In Capital….…..………………………... 200,000
Investment in Common Stock of Horton Company ………. 60,000
Treasury Stock, 1,000 shares, common stock ……………... 20,000
Accumulated Other Comprehensive Income—Unrealized
Gain on Investment Security ……………………………….. 5,000
Required
Develop the Stockholders’ Equity section of the balance sheet for Nash Company at December 31, 2010.