$\backslash$table$[[$Stockholders$\text{'}$ Equity $($January $1),],[$Common stock$-$ $$4$ par value, $100,000$ shares authorized, $40,000$ shares issued and,$],[$outstanding$,160,000],[$Paid$-$in capital in excess of par value, common stock,$120,000],[$Retained earnings,$320,000],[$Total stockholders' equity,$$600,000$