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 10,000 shares have been reacquired.

Common Stock, $40 par	$2,800,000
Paid-In Capital from Sale of Treasury Stock	56,000
Paid-In Capital in Excess of ParCommon Stock	560,000
Retained Earnings	1,624,000
Treasury Stock	29,000

Stockholders' Equity
Paid-In Capital:
	$
		$
Total Paid-in Capital		$
Total		$
Total Stockholders' Equity		$