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accounting help Hoyle Corporation has issued 100,000 shares of $5 par value common stock. It was authorized 500,000 shares. The paid-in capital in excess of

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Hoyle Corporation has issued 100,000 shares of $5 par value common stock. It was authorized 500,000 shares. The paid-in capital in excess of par value on the common stock is $263,000. The corporation has reacquired 7,000 shares at a cost of $46,000 and is currently holding those shares. It also had accumulated other comprehensive income of $67,000. The corporation also has 2,000 shares issued and outstanding of 996, $100 par value preferred stock. It authorized 10,000 shares. The paid-in capital in excess of par value on the preferred stock is $23,000. Retained earnings is $372,000 Prepare the stockholders' equity section of the balance sheet. (Enter account name only and do not provide descriptive information.) HOYLE CORPORATION Balance Sheet (Partial) Stockholders' Equity Paid-in Capital Capital Stock Common Stock 500000 Total Capital Stock 263000 Total Paid-in Capital and Retained Earnings 763000 Additional Paid-in Capital Paid-in Capital in Excess of Par V Paid-in Capital in Excess of Par V Total Additional Paid-in Capital 23000 200000 223000 Total Paid-in Capital 986000 372000 67000 ined Earnings Total Paid-in Capital and Retained Earnings Retained 1425000 Less . Treasury Stock (46000) Total Stockholders' Equity 1379000

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