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The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 3 0 of the current year: Line Item Description

The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year:
Line Item Description Amount
Common Stock, $15 par $142,500
Paid-In Capital from Sale of Treasury Stock 6,200
Paid-In Capital in Excess of ParCommon Stock 11,400
Retained Earnings 235,000
Treasury Stock 8,835
Prepare the "Stockholders' Equity" section of the balance sheet as of June 30. Regarding the common stock, 50,000 shares are authorized, and 465 shares have been reacquired.

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