ReportingStockholders' Equity

Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. 80,000 shares ofcommon stockauthorized, and 10,000 shares have been reacquired.

Common Stock, $30par $1,680,000

Paid-In Capital from Sale ofTreasury Stock 50,000

Paid-In Capital in Excess of ParCommon Stock 616,000

Retained Earnings 924,000

Treasury Stock 27,000

Balance Sheet

Stockholders' Equity

Paid-in capital:

Common Stock, $30 Par (80,000 Shares Authorized, 56,000 Shares Issued)

Excess of Issue Price Over Par $

Paid-in capital, common stock $

From Sale of Treasury Stock $

Total paid-in capital $

Retained Earnings $

Total $

Treasury Stock $

Total stockholders' equity $