Stockholders' Equity Section of Balance Sheet The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common Stock, $15 par Paid-In Capital in Excess of Par Paid-In Capital from Sale of Treasury Stock Retained Earnings $187,500 15,000 8,100 310,000 11,685 Treasury Stock Prepare the Stockholders' Equity section of the balance sheet as of June 30. Fifty thousand shares of common stock are authorized, and 615 shares have been reacquired. Goodale Properties Inc. Stockholders' Equity June 30, 20XX Paid-In Capital: Common Stock, $15 Par (50,000 Shares Authorized, 12,500 Shares Issued) Excess of Issue Price Over Par Common Stock, $15 Par (40,000 Shares Authorized, 18,000 Shares Issued) From Sale of Treasury Stock Total Paid-In Capital Retained Earnings Total Treasury Stock (615 Shares at Cost) Total Stockholders' Equity 187,500 8,100 X $195,600 X 11,685 X