Flounder Corp. has these accounts at December 31: Common Stock, $12 par, 5,000 shares issued, $60,000; Paid-in Capital in Excess of Par Value $18,500; Retained Earnings $43,500; and Treasury Stock, 450 shares, $9,900.

Prepare the stockholders' equity section of the balance sheet. Flounder Corp. Balance Sheet (Partial) December 31 Stockholders' Equity Paid-in Capital dditional Paid-in Capital Common Stack Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Common Stock 1850 Capital Stock Total Paid-in Capital Less v Treasury Stock Total Liabilities and Stockholders' Equity