Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 40,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $30 par $960,000 48,000 Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock 352,000 Retained Earnings 480,000 Treasury Stock 24,000 Stockholders' Equity Paid-In Capital: Total Paid-in Capital $ Total Total Stockholders' Equity $