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Common Stock, $40 par Paid-In Capital in Excess of Par Paid-In Capital from Treasury Stock Retained Earnings Treasury Stock $3,000,000 450,000 125,000 12,000,000 520,000

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Common Stock, $40 par Paid-In Capital in Excess of Par Paid-In Capital from Treasury Stock Retained Earnings Treasury Stock $3,000,000 450,000 125,000 12,000,000 520,000 Prepare the "Stockholders' Equity" section of the balance sheet as of November 30. There are 100,000 common shares authorized, and 10,000 previously issued shares-have been reacquired.

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