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Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 30,000 shares of common stock authorized, and 2,000 shares have

Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 30,000 shares of common stock authorized, and 2,000 shares have been reacquired.

Common Stock, $80 par $1,440,000
Paid-In Capital from Sale of Treasury Stock 86,000
Paid-In Capital in Excess of ParCommon Stock 324,000
Retained Earnings 821,000
Treasury Stock 46,000
Balance Sheet
Stockholders' Equity
Paid-in capital:

Paid-in capital, common stock

Total paid-in capital

Total

Total stockholders' equity

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