Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 80,000 shares of common stock authorized, and 2,000 shares have been reacquired. Common Stock, $60 par $3,840,000 Paid-In Capital from Sale of Treasury Stock 154,000 Paid-In Capital in Excess of ParCommon Stock 1,408,000 Retained Earnings 2,266,000 Treasury Stock 94,000 Stockholders' Equity Paid-In Capital: $ $ Total Paid-in Capital $ Total $ Total Stockholders' Equity $