Using the following accounts and balances, prepare the stockholders equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 1,000 shares have been reacquired. Refer to the lists of Amount Descriptions provided for the exact wording of the answer choices for text entries. Deduct will automatically appear if required.

1	Common Stock, $50 par	$1,850,000.00
2	Paid-In Capital in Excess of Par	148,000.00
3	Paid-In Capital from Sale of Treasury Stock	6,050.00
4	Retained Earnings	107,000.00
5	Treasury Stock	4,550.00

Amount Descriptions

Amount Descriptions
Common stock, $50 par (50,000 shares authorized, 37,000 issued)
Excess of issue price over par
From sale of treasury stock
Retained earnings
Total
Total paid-in capital
Total stockholders equity
treasury stock (1,000 shares at cost)

Stockholders Equity

Prepare the stockholders equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 1,000 shares have been reacquired. Refer to the lists of Amount Descriptions provided for the exact wording of the answer choices for text entries. Deduct will automatically appear if required.

Stockholders Equity

1	Paid-in capital:
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