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	$792,000
Paid-In Capital from Sale of Treasury Stock	32,500
Paid-In Capital in Excess of ParCommon Stock	21,120
Retained Earnings	1,243,000
Treasury Stock	16,340

Prepare the Stockholders Equity section of the balance sheet as of June 30 using Method 1 of Exhibit 8. Eighty thousand shares of common stockare authorized, and 860 shares have been reacquired.

Goodale Properties Inc.
Stockholders' Equity
June 30, 20XX
Paid-In Capital:
	$
		$
Total Paid-In Capital		$
Total		$
Total Stockholders' Equity			$