Reporting Stockholders' Equity

Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. $50,000$ shares of common stock authorized, and $4,000$ shares have been reacquired.

Common Stock, $$60$ par

$$1,800,000$

$108,000$

$390,000$

$990,000$

$72,000$

Paid$-$In Capital from Sale of Treasury Stock

Paid$-$In Capital in Excess of Par$-$Common Stock

Retained Earnings

Treasury Stock

Balance Sheet

Stockholders' Equity

Paid$-$in capital: