The following accounts and their balances appear in the ledger on December 31 of the current year: common stock, $20 per par .......$300,000 paid in capital in excess of par....$40,000 paid in capital from sale of treasury stock...$3,000 retained earnings.......$265,000 treasury stock......$18,000 prepare the stockholders equity section of the balance sheet as of December 31. twenty five thousand shares of common stock are authorized, and 1,000 shares have been reacquired