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, $15 par $222,000 Paid-In Capital in Excess of Par 17,760 Paid-In Capital from Sale of Treasury Stock 9,600 Retained Earnings 367,000 Treasury Stock 13,775 Prepare the Stockholders' Equity section of the balance sheet as of November 30. Fifty thousand shares of common stock are authorized, and 725 shares have been reacquired. Young Properties Inc. Stockholders' Equity Section of the Balance Sheet November 30 Paid-In Capital: Common stock, $15 par (50,000 shares authorized, 14,800 shares issued) Additional paid-in capital in excess of par Paid-in capital from treasury stock Total paid-in capital Retained Earnings Total $ Deduct Treasury stock (725 shares at cost) Total Stockholders' Equity Feedback Check My Work Report the paid-in capital, retained earnings, and treasury stock separately. Recall that paid-in capital can include stock, the excess of issuance price over par (or stated) value, and additional paid-in capital from treasury stock sold in excess of its reacquired base amount. Treasury stock held by a corporation reduces the balance of stockholders' equity