(Solution) - Use the Eastern Corporation data in Exercise to prepare the -(2025 Original AI-Free Solution)

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Use the Eastern Corporation data in Exercise to prepare the stockholders equity section of the company?s balance sheet at December 31, 2011.
Common stock $1.50 par value per share,
1,700 million shares issued................ $ 2,550
Capital in excess of par value ................ 7,650
Retained earnings.................................. 260
Treasury stock, at cost.......................... (10)
Total stockholders equity................. $10,450