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Reporting stockholders' equity Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. Regarding the common stock, 30,000 shares are

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Reporting stockholders' equity Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. Regarding the common stock, 30,000 shares are authorized, and 4,000 shares have been reacquired. cost) 22,000 Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock 234,000 382,000 12,000 Balance Sheet Balance Sheet Stockholders' Equity Paid-in capital: Common Stock, $40 Par (30,000 Shares Authorized, 18,000 Shares Issued) Excess of Issue Price Over Par * Paid-in capital, common stock From Sale of Treasury Stock (4,000 shares at cost) Retained Earninas - Total Treasury Stock (4,000 shares at cost) * Total stockholders' equity

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