Using the following accounts and balances, prepare the $$Stockholders$$ Equity$$ section of the balance sheet. $70,000$ shares of common stock authorized, and $10,000$ shares have been reacquired.

Common Stock, $$80$ par $$3,920,000$

Paid$-$In Capital from Sale of Treasury Stock $196,000$

Paid$-$In Capital in Excess of Par$$Common Stock $686,000$

Retained Earnings $1,921,000$

Treasury Stock $133,000$