Grouper Corporation had the following stockholders equity accounts on January 1, 2020: Common Stock ($5 par) $550,000, Paid-in Capital in Excess of ParCommon Stock $180,000, and Retained Earnings $110,000. In 2020, the company had the following treasury stock transactions.

Mar.	1		Purchased 5,500 shares at $8 per share.
June	1		Sold 1,500 shares at $12 per share.
Sept.	1		Sold 2,000 shares at $10 per share.
Dec.	1		Sold 1,000 shares at $6 per share.

Grouper 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 Grouper Corporation at December 31, 2020 (balance sheet)