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 4,000 shares have been reacquired.

Common Stock, $50 par	$3,500,000
Paid-In Capital from Sale of Treasury Stock	70,000
Paid-In Capital in Excess of ParCommon Stock	1,260,000
Retained Earnings	1,575,000
Treasury Stock	34,000

Paid-In Capital:
CashCommon Stock, $50 ParTreasury StockRetained EarningsCommon Stock, $50 Par	$Common Stock, $50 Par
CashTreasury StockExcess over parRetained EarningsExcess over par	Excess over par
CashTreasury StockPaid-in capital, common stockRetained EarningsPaid-in capital, common stock		$Paid-in capital, common stock
CashTreasury StockFrom Sale of Treasury StockRetained EarningsFrom Sale of Treasury Stock		From Sale of Treasury Stock
Total Paid-in Capital		$fill in the blank 9
Common Stock, $50 ParTreasury StockExcess over parRetained EarningsRetained Earnings		Retained Earnings
Total		$fill in the blank 12
Common Stock, $50 ParTreasury StockExcess over parRetained EarningsTreasury Stock		Treasury Stock
Total Stockholders' Equity		$fill in the blank 15