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The data you need to complete instruction (c) is in the completed Instruction (b) below. Completed Instruction (b) Common

INSTRUCTIONS: Use above data to answer (C)

           (c) Lamar Corporation Partial Balance Sheet December 31, 2017 Stockholders equity Paid-in capital

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Answer #1
LAMAR CORPORATION
PARTIAL BALANCE SHEET
DECEMBER 31, 2017
Stockholder's Equity
Paid in Capital
Common Stock $           18,40,000
Paid in Capital in excess of par value $             3,00,000
Total paid in Capital $           21,40,000
Retained Earnings $             7,78,000
Stockholder's Equity $           29,18,000
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