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The following information was extracted from the records of TAC Corporation at the end of the fiscal year after all adjusting entries were completed: Common

The following information was extracted from the records of TAC Corporation at the end of the fiscal year after all adjusting entries were completed:

Common stock ($17 par value; 105,000 shares authorized, 39,000 shares issued, 36,000 shares outstanding) $ 663,000
Additional paid-in capital 168,000
Dividends declared and paid during the year 19,000
Retained earnings at the beginning of the year 71,000
Treasury stock at cost (3,000 shares) (41,000 )

Net income for the year was $35,000. The stock price is currently $26.69 per share.

Required:

1. Prepare the stockholders' equity section of the balance sheet at the end of the fiscal year. (Amounts to be deducted should be indicated by a minus sign.)

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