Reporting Stockholders' Equity

Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 100,000 shares of common stock authorized, and 10,000 shares have been reacquired.

Common Stock, $50 par	$3,500,000
Paid-In Capital from Sale of Treasury Stock	70,000
Paid-In Capital in Excess of ParCommon Stock	630,000
Retained Earnings	1,855,000
Treasury Stock	32,000

Stockholders' Equity
Paid-In Capital:
Common Stock, $50 Par	$
		$
Total Paid-in Capital		$
Total		$
Total Stockholders' Equity		$