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Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. There are 50,000 shares of common stock authorized, and 4,000

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Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet. There are 50,000 shares of common stock authorized, and 4,000 shares have been reacquired. $2,100,000 Common Stock, $ 60 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock 84,000 805,000 987,000 Retained Earnings Treasury Stock 42,000 Stockholders' Equity Paid-In Capital: Paid-in capital, common stock Total Paid-in Capital Total Total Stockholders' Equity

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