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	$477,000
Paid-In Capital from Sale of Treasury Stock	19,600
Paid-In Capital in Excess of ParCommon Stock	12,720
Retained Earnings	749,000
Treasury Stock	9,880

Prepare the Stockholders Equity section of the balance sheet as of June 30 using Method 1 of Exhibit 8. Eighty thousand shares of common stock are authorized, and 520 shares have been reacquired.

Goodale Properties Inc. Stockholders' Equity June 30, 20XX

Paid-In Capital:
Deduct Treasury Stock (520 Shares at Cost)CashCommon Stock, $45 Par (80,000 Shares Authorized, 10,600 Shares Issued)From Sale of Treasury StockRetained Earnings	$- Select -
CashCommon stock, $45 par (80,000 shares authorized, 68,000 shares issued)Excess over parTreasury Stock (520 Shares at Cost)Retained Earnings	- Select -
CashExcess over parPaid-in capital, common stockTreasury Stock (520 Shares at Cost)Retained Earnings		$- Select -
CashCommon stock, $45 par (80,000 shares authorized, 68,000 shares issued)From Sale of Treasury StockRetained EarningsTreasury Stock (520 Shares at Cost)		- Select -
Total Paid-In Capital		$fill in the blank 9
Common stock, $45 par (80,000 shares authorized, 68,000 shares issued)Excess over parFrom Sale of Treasury StockRetained EarningsTreasury Stock (520 Shares at Cost)		- Select -
Total		$fill in the blank 12
Common stock, $45 par (80,000 shares authorized, 68,000 shares issued)Excess over parRetained EarningsTreasury Stock (520 Shares at Cost)		- Select -
Total Stockholders' Equity			$fill in the blank 15