Use the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 5,000 shares have been reaquired.

Common Stock, $50 par$1,250,000

Paid In Capital in Excess of Par$800,000

Paid in Capital from Sale of Treasury Stock$42,000

Retained Earnings$4,350,000

Treasury Stock$155,000