The following information pertains to Ming Corp. at January 1, 2018: Common stock, $9 par, 50,000 shares authorized, 3,300 shares issued and outstanding $29,700 Paid-in capital in excess of par, common stock 92,500 Retained earnings 92,500 Ming Corp. completed the following transactions during 2018: 1. Issued 2200 shares of $9 par common stock for $14 per share. 2. Repurchased 1,200 shares of its own common stock for $17 per share. 3. Resold 720 shares of treasury stock at $19 per share. 4. Earned $51,700 of cash revenues. 5. Paid $30,100 of cash operating expenses. Required Prepare the stockholders equity section of the year-end balance sheet.

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