Stockholders' Equity Section of Balance Sheet

The following accounts and their balances appear in the ledger of Young Properties Inc. on November 30 of the current year:

Common Stock, $40 par		$3,000,000
Paid-In Capital in Excess of Par		450,000
Paid-In Capital from Treasury Stock		125,000
Retained Earnings		12,000,000
Treasury Stock		520,000

Prepare the Stockholders' Equity section of the balance sheet as of November 30. One hundred thousand shares of common stock are authorized, and 10,000 shares have been reacquired.

Young Properties Inc.
Stockholders' Equity Section of the Balance Sheet
November 30
Paid-in capital:
_____________	$__________
_____________	___________	$__________
_____________		____________
Total paid-in capital		$__________
_______________		____________
Total		$__________
______________		___________
Total stockholders' equity			$__________