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Using the following accounts and balances, prepare the Stockholders' equity section of the balance sheet. Firty thousand shares of common stock are authorized, and 4,000

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Using the following accounts and balances, prepare the Stockholders' equity section of the balance sheet. Firty thousand shares of common stock are authorized, and 4,000 shares have been reacquired. $2,160,000 216,000 Common Stock, $60 par Paid-In Capital in excess of Par Paid in Capital from Sale of Treasury Stock Retained Earnings Treasury Stock 6,060 153,000 4,560 Stockholders' Equity Paid in capital QINI Total Toto stockholdersity

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