Using 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 reacquired.

Common Stock, $50 par

$1,500,000

Paid-In Capital in Excess of Par

250,000

Paid in Capital from Sale of Treasury Stock

42,000

Retained Earnings

4,350,000

Treasury Stock

155,000