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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

"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 $232,500
Paid-In Capital from Sale of Treasury Stock 10,000
Paid-In Capital in Excess of ParCommon Stock 18,600
Retained Earnings 384,000
Treasury Stock 14,440

Prepare the "Stockholders' Equity" section of the balance sheet as of June 30. Fifty thousand shares of common stock are authorized, and 760 shares have been reacquired.

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