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Reporting Stockholders Equity Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet using Method 1 of Exhibit S. 20,000

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Reporting Stockholders Equity Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet using Method 1 of Exhibit S. 20,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, 530 par $480,000 19.000 176.000 Paid-In Capital from Sale of Treasury Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock 240,000 11.000 Stockholders' Equity Paid-In Capital: Total Paid-in Capital Total Total Stockholders' Equity

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