Using the following accounts and balances, prepare the stockholders equity section of the balance sheet Fifty thousand shares of common stock are authorized and 3.500 shares have been reacquired Common stock, $40 par Pald-in Capital in excess of Par Paid-In Capital from Sale of Treasury Stock Retained Earnings Treasury Stock $1,600,000 206,040 6.040 177.000 4540 Stockholders' Equity Contributedcats Total