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Using the following accounts and balances, prepare the stockholders' Equity section of the balance sheet using Method 1 (separating sources of additional pald-in capital). Fifty

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Using the following accounts and balances, prepare the stockholders' Equity section of the balance sheet using Method 1 (separating sources of additional pald-in capital). Fifty thousand shares of common stock are authorized, and 5,000 shares have been reacquired. Common Stock, $50 par Paid-In Capital in excess of Par Paid-In Capital from Sale of Treasury Stock Retained Earnings Treasury Stock $1,250,000 800,000 42,000 4,350,000 155,000 Stockholders' Equity Pald-in capital: Total stockholders' equity Previous

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