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Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 70,000 shares of common stock authorized, and 4,000 shares have

Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 70,000 shares of common stock authorized, and 4,000 shares have been reacquired.

Common Stock, $40 par $1,680,000 Paid-In Capital from Sale of Treasury Stock 101,000 Paid-In Capital in Excess of ParCommon Stock 504,000 Retained Earnings 874,000 Treasury Stock 48,000

Stockholders' Equity
Paid-in capital: blank blank
CashCommon Stock, $40 Par (70,000 Shares Authorized, 42,000 Shares Issued)Retained EarningsTreasury Stock $- Select -
CashExcess of Issue Price Over ParRetained EarningsTreasury Stock - Select -
Paid-in capital, common stock $fill in the blank 5
CashFrom Sale of Treasury StockRetained EarningsTreasury Stock - Select -
Total paid-in capital $fill in the blank 8
Common Stock, $40 ParExcess of Issue Price Over ParRetained EarningsTreasury Stock - Select -
Total $fill in the blank 11
Common Stock, $40 ParExcess of Issue Price Over ParRetained EarningsTreasury Stock - Select -
Total stockholders' equity $fill in the blank 14

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