Instructions Accounts and Amount Descriptions Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. Refer to the lists of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Accounts and Amount Descriptions Common stock, $50 par (250,000 shares authorized, 182,500 shares issued) Common stock, $50 par (250,000 shares authorized, 213,000 shares issued) Dividends on common stock Excess over par Two hundred fifty thousand shares of common stock are authorized, and 15,100 shares have been reacquired. Common Stock. $50 par Paid-In Capital from Sale of Treasury Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock $10,650,000 320,000 3,190,000 19,200,000 981,500 From sale of treasury stock Issuance of additional common stock Net income Paid-in capital, common stock Purchase of treasury stock Retained earnings Total Total paid-in capital Total stockholders' equity Treasury stock (15,100 shares at cost)