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	$3,060,000.00
2	Paid-In Capital from Sale of Treasury Stock	115,000.00
3	Paid-In Capital in Excess of Par-Common Stock	272,000.00
4	Retained Earnings	20,553,000.00
5	Treasury Stock	324,000.00

Prepare the Stockholders Equity section of the balance sheet as of June 30. Eighty thousand shares of common stock are authorized, and 9,000 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. Deduct will automatically appear if required.

Accounts and Amount Descriptions

Common stock dividends

Common stock, $45 par; 80,000 shares authorized, 68,000 issued

Excess of issue price over par

From sale of treasury stock

Increase in retained earnings

Preferred stock dividends

Retained earnings

Total

Total contributed capital

Total paid-in capital

Total stockholders equity

Treasury stock; 9,000 shares at cost

Prepare the Stockholders Equity section of the balance sheet as of June 30. Eighty thousand shares of common stock are authorized, and 9,000 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. Deduct will automatically appear if required.

Goodale Properties Inc.

Stockholders Equity

June 30, 20XX

1	Paid-in capital:
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