Instructions: Morrow Enterprises Inc. manufactures bathroom fixtures. The stockholders' equity accounts of Morrow Enterprises Inc., with balances on January 1, 20Y5, are as follows: Common Stock, $20 stated value (375,000 shares authorized, 375,000 shares issued) $7,500,000; Paid-In Capital in Excess of Stated Value - Common Stock $825,000; Retained Earnings $33,600,000; Treasury Stock (shares, at a cost of $18 per share).