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Indigo Corporation has these accounts at December 3 1 : Common Stock, $ 1 2 par , 6 , 5 0 0 shares issued, $

Indigo Corporation has these accounts at December 31: Common
Stock, $12par,6,500shares issued, $78,000;
Paid-in Capital in Excess of Par Value $20,000; Retained Earnings
$45,000; and Treasury Stock,600shares, $13,200.
Prepare the stockholders equity section of the balance sheet.

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