Question

Wells Fargo & Company, headquartered in San Francisco, is one of the nation’s largest financial institutions....

Wells Fargo & Company, headquartered in San Francisco, is one of the nation’s largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2017.

Retained earnings $41,450
Preferred stock 9,200
Common stock—$1 2/3 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares 9,520
Treasury stock—67,346,829 common shares (2,540 )
Paid-in capital in excess of par value—common stock 52,450
Accumulated Other Comprehensive Income 8,320


Prepare the stockholders’ equity section of the balance sheet for Wells Fargo as of December 31, 2017. (Enter account name only and do not provide descriptive information.)

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