Instructions | Accounts and Amount Descriptions St Accounts and Amount Descriptions Instructions Accounts and Amount Descriptions Common stock, $55 par (250,000 shares authorized, 182,500 shares issued) Using the following accounts and balances, prepare the Stocknoiders' Equity section or the balance sheet Refer to Common stock, $55 par (250,000 shares authorized, 214,000 shares issued) the lists or Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries Dividends on common stock Two hundred fifty thousand shares of common stock are authorized, and 17,600 shares have been reacquired Excess of issue price over par From sale of treasury stock Common Stock, $55 par $11,770,000 Issuance of addrtional common stock Paid-In Capital from sale of Treasury Stock 343,000 Net income 3,340,000 Paid-In Capital in Excess of Par-Common Stock Purchase of treasury stock Retained Earnings 18,650,000 Retained eamings Treasury Stock 1,144.000 Total Total paid-in capital Total stockholders' equity Treasury stock (17,600 shares at cost) Stockholders' Equity Accounts and Amount Descriptions Stockholders' E Using the toliowing accouts and baiances, prepare the Stocknoiders' Equity section or the balance sheet. Reter to the lists or Accounts and Amout Descniptions provided for the exact wordting or the answer choices for text entries. Dectuct l automaticany appear if required Stockholders' Equity 1 Paid-in capital: 2 1(Armount Descripti