22) The following account balances were selected from the records of Harvey Corporation at December 31:

Common stock (par $15; authorized 100,000 shares, issued 31,000 shares, of which 1,200 shares are held as treasury stock)	$	465,000
Additional paid-in capitalcommon stock		176,000
Dividends		24,000
Retained earnings, beginning of year		72,000
Treasury stock at cost (1,200 shares)		24,000

Net income for the year was $42,000. Required:

1-b. Prepare the stockholders equity section of the balance sheet at December 31.