Sarasota Corp. has issued 91,000 shares of $6 par value common stock. It was authorized 498,000 shares. The paid-in capital in excess of par value on the common stock is $266,000. The corporation has reacquired 7,900 shares at a cost of $48,500 and is currently holding those shares. It also had accumulated other comprehensive income of $63,000. Required:
Prepare the stockholders' equity section of the balance sheet.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.