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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 10,000 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 10,000 shares have been reacquired.

Common Stock, $80 par $3,360,000
Paid-In Capital from Sale of Treasury Stock 134,000
Paid-In Capital in Excess of ParCommon Stock 1,008,000
Retained Earnings 1,512,000
Treasury Stock 76,000

blank blank Balance Sheet
Stockholders' Equity
Paid-in capital: blank blank

CashCommon Stock, $80 Par (70,000 Shares Authorized, 42,000 Shares Issued)Retained EarningsTreasury StockCommon Stock, $80 Par (70,000 Shares Authorized, 42,000 Shares Issued)

$Common Stock, $80 Par (70,000 Shares Authorized, 42,000 Shares Issued)

CashExcess of Issue Price Over ParRetained EarningsTreasury StockExcess of Issue Price Over Par

Excess of Issue Price Over Par
Paid-in capital, common stock $fill in the blank 5

CashFrom Sale of Treasury StockRetained EarningsTreasury StockFrom Sale of Treasury Stock

From Sale of Treasury Stock
Total paid-in capital $fill in the blank 8

Common Stock, $80 ParExcess of Issue Price Over ParRetained EarningsTreasury StockRetained Earnings

Retained Earnings
Total $fill in the blank 11

Common Stock, $80 ParExcess of Issue Price Over ParRetained EarningsTreasury StockTreasury Stock

Treasury Stock
Total stockholders' equity

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