Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. Regarding the common stock, 70,000 shares are authorized, and 2,000 shares have been reacquired. Common Stock, $70 par $3,430,000 Paid-In Capital from Sale of Treasury Stock (2,000 shares. 206,000 at cost) Paid-In Capital in Excess of Par-Common Stock 980,000 Retained Earnings Treasury Stock 1,578,000 101,000 Balance Sheet Line Item Description Stockholders' Equity Paid-in capital: Common Stock, $70 Par (70,000 Shares Authorized, 49,000 Shares Issued) Excess of Issue Price Over Par Paid-in capital, common stock From Sale of Treasury Stock (2,000 shares at cost) Total paid-in capital Retained Earnings Total Treasury Stock (2,000 shares at cost) Total stockholders' equity Amount Amount $