The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year:

1	Common stock, $45 par	$3,141,000.00
2	Paid-In Capital from Sale of Treasury Stock	122,400.00
3	Paid-In Capital in Excess of Par-Common Stock	279,200.00
4	Retained Earnings	20,530,300.00
5	Treasury Stock	332,500.00

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 9,500 shares have been reacquired. Refer to the lists of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtractive or negative numbers use a minus sign.