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Backspace Reporting Stockholders' Equity Using the following accounts and balances, prepare the stockholders' Equity section of the balance sheet using Method of Exhibit B. 50,000

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Backspace Reporting Stockholders' Equity Using the following accounts and balances, prepare the stockholders' Equity section of the balance sheet using Method of Exhibit B. 50,000 shares of common stock authorized, and 1,000 shares have been reacquired. Common Stock, $80 par $2,800,000 Paid-In Capital from Sale of Treasury Stock 84,000 Paid-In Capital in Excess of Par-Common Stock 735,000 Retained Earnings 1,596,000 Treasury Stock 44,000 ab Lock Stockholders' Equity Paid-In Capital: Common Stock, $80 Par V Excess over par V Paid-in capital, common stock From Sale of Treasury Stock Total Paid-in Capital Retained Earnings Total Treasury Stock Total Stockholders' Equity

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