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Instructions Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. Refer to the

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Instructions 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 Two hundred fifty thousand shares of common stock are authorized, and 15,400 shares have been reacquired $11,660,000 Common Stock, $55 par Paid in Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par Common Stock Retained Earnings Treasury Stock 327,000 3,460,000 18,600,000 1,001,000

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