Stockholders' Equity Section of Balance Sheet

The following accounts and their balances appear in the ledger of Cline Properties Inc. on April 30 of the current year: Common Stock, $15 par $189,000 Paid-In Capital in Excess of Par 15,120 Paid-In Capital from Sale of Treasury Stock 8,200 Retained Earnings 312,000 Treasury Stock 11,685

Prepare the Stockholders' Equity section of the balance sheet as of April 30. Fifty thousand shares of common stock are authorized, and 615 shares have been reacquired.

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Paid-In Capital: Common Stock, S15 Par (50, Excess of Issue Price Over Pal From Sale of Treasury Stock Total Paid-In Capital Retained Earnings Total Deduct Treasury Stock (615 Sl Total Stockholders' Equity Cline Properties Inc. Stockholders' Equity April 30, 20XX 189,000 15,120 8,200 212320 312,000 11,685