he following information pertains to Ming Corp. at January $1,$ Year $2$:

Common stock, $$11$ par, $61,000$ shares authorized, $2,700$ shares issued and outstanding $ $29,700$

Paid$-$in capital in excess of par, common stock $62,500$

Retained earnings $62,500$

Ming Corp. completed the following transactions during Year $2$:

Issued $2,800$ shares of $$11$ par common stock for $$16$ per share.

Repurchased $1,100$ shares of its own common stock for $$19$ per share.

Resold $660$ shares of treasury stock for $$21$ per share.

Earned $$60,500$ of cash revenue.

Paid $$39,900$ of cash operating expenses.

Required

Prepare the stockholders$$ equity section of the year$-$end balance sheet.The following information pertains to Ming Corp. at January $1,$ Year $2$:

Ming Corp. completed the following transactions during Year $2$:

Issued $2,800$ shares of $$11$ par common stock for $$16$ per share.

Repurchased $1,100$ shares of its own common stock for $$19$ per share.

Resold $660$ shares of treasury stock for $$21$ per share.

Earned $$60,500$ of cash revenue.

Paid $$39,900$ of cash operating expenses.

Required

Prepare the stockholders' equity section of the year$-$end balance sheet.