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 $186,000 Paid-In Capital from Sale of Treasury Stock 8,000 Paid-In Capital in Excess of Par-Common Stock 14,880 Retained Earnings 307,000 Treasury Stock 11,590 Prepare the "Stockholders' Equity" section of the balance sheet as of June 30. Regarding the common stock, 50,000 shares are authorized, and 610 shares have been reacquired. Goodale Properties Inc. Stockholders' Equity June 30, 20XX Paid-In Capital: Line Item Description Common Stock $15 Par (50,000 Shares Authorized. 12.400 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 (610 Shares at Cost) Total Stockholders' Equity Amount Amo Feedback Check My Work Recall that the paid-in capital section of the balance sheet includes separate reporting of each class of stock. Treasury stock held by a corporation reduces stockholders' equity. the current year: E, $15 par of Goodale Properties $186,000 from Sale of Treasury Stock 8,000 in Excess of Par-Common Stock 14,880 gs 307,000 11,590 Amount Amount Amount ckholders' Equity" section of the balance sheet as of June 30. ommon stock, 50,000 shares are authorized, and 610 shares have Goodale Properties Inc. Stockholders' Equity June 30, 20XX Line Item Description $15 Par (50,000 Shares Authorized, 12.400 Shares Issued) Price Over Par I, common stock asury Stock Capital Shares at Cost) ='Equity e paid-in capital section of the balance sheet includes separate ach class of stock. Treasury stock held by a corporation reduces equity