Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 100,000 shares of common stock authorized, and 2,000 shares have beern Common Stock, $40 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings $2,800,000 168,000 50,000 1,568,000 106,000 Stockholders' Equity Paid-In Capital: Total Paid-in Capital Total Total Stockholders' Equity