The following selected list of accounts with their normal balances was taken from the general ledger of Wallace Company as of December 31, 2016: Common stock, $1 par Wallace $380,000
Retained earnings 262,000
Paid-in capital in excess of par - preferred 70,000
Treasury Stock 330,000
Preferred stock, $100 par 600,000
Paid-in capital in excess of par -common 760,000

Given above information, at the end of 2016: