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One hundred thousand shares of preferred and 400,000 shares of common stock are authorized. There are 4,900 shares of common stock held as treasury stock. Prepare the Stockholders' Equity section of the balance sheet as of November 30, the end of the current year. One hundred thousand shares of preferred and 400,000 shares of common stock are authorized. There are 4,900 shares of common stock held as treasury stock. Prepare the Stockholders' Equity section of the balance sheet as of November 30, the end of the current year