Chapter 13 Corporations Student Work Papers 22. Prepare the stockholders' equity section of the balance sheet using the account balances below. The corporation has 100,000 shares authorized, and 15,000 shares have been reacquired. Common Stock, $5 par Retained Earnings Treasury Stock Paid-In Capital in Excess of Par Paid-In Capital from Sale of Treasury Stock $ 375,000 $5,975,000 $112,500 $1,290,000 $47,500 Stockholders' Equity Paid-in capital Sale of Treasury Stock Total paid-in capital Total Treasury stock (15,000 shares at cost) Total stockholders' equity