The financial statements of Nason Corporation reported the following accounts (in thousands except for par value):

Prepare the stockholders’ equity section of Nason Corporation’s balance sheet. Net income has already been closed to Retained Earnings.

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Paid-in Capital in Excess of Par...... $170 Cost of Goods Sold. Net Sales.... $1,080 588 Accounts Payable. 60 Common Stock, $1 par, 400 shares Retained Earnings.. 166 issued and outstanding.. 400 Other Current Liabilities. 52 Cash........... 240 Operating Expenses 412 Long-Term Debt.. 76 Total Assets. ?