Fechter Corporation had the following stockholders' equity accounts on January 1, 2020: Common Stock ($5 par) $500,000, Paid-in Capital in Excess of Par.Common Stock $200,000, and Retained Earnings $100,000. In 2020, the company had the following treasury stock transactions Mar. 1 Purchased 5,000 shares at $8 per share, June 1 Sold 1,000 shares at $12 per share. Sept.1 Sold 2,000 shares at $10 per share. Dec. 1 Sold 1,000 shares at $7 per share. Fechter Corporation uses the cost method of accounting for treasury stock. In 2020, the company reported net income of $30,000 Prepare the stockholders' equity section for Fechter Corporation at December 31, 2020. (Enter the account na information provided in the question.) FECHTER CORPORATION Balance Sheet (Partial) + 100