The following information pertains to Ming Corp. at January 1, 2018: Common stock, $8 par, 60,000 shares authorized, 3,400 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $ 27,200 107,100 107,100 Ming Corp. completed the following transactions during 2018: 1. Issued 2300 shares of $8 par common stock for $13 per share. 2. Repurchased 1,200 shares of its own common stock for $16 per share. 3. Resold 720 shares of treasury stock at $18 per share. 4. Earned $61,900 of cash revenues 5. Paid $33,600 of cash operating expenses. Required Prepare the stockholders' equity section of the year-end balance sheet. MING CORPORATION Balance Sheet (Partial) As of December 31, 2018 Stockholders' Equity Total paid-in capital Total stockholders' equity