Reporting Stockholders' Equity Using the following accounts and balances, prepare the "Stockholders' Equity section of the balance sheet. 70,000 shares of common stock authorized, and 1,000 shares have been reacquired. Common Stock, $60 par $2,520,000 Pald-in Capital from Sale of Treasury Stock 50,000 Paid-In Capital in Excess of Par--Common Stock 546,000 Retained Earnings 1,210,000 Treasury Stock 25,000 Balance Sheet Stockholders' Equity Pald-in capital Common Stock $60 Part(70,000 Shares Authorized 42.000 Shares Issued) 2.520.000 546.000 Excess of Issue Price Over Par 546,000 X Paid-in capital, common stock From Sale of Treasury Stock 25,000 X Total pald-in capital Retained Earnings Total Treasury Stock Total stockholders' equity