Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 60,000 shares of common stock authorized, and 4,000 shares have been reacquired. Common Stock, $60 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock $2,880,000 86,000 672,000 1,469,000 46,000 Stockholders' Equity Paid-In Capital Total Pald-in Capital