=+E8-25 Stockholders equity section ofbalance sheet Obj 7 / Total stockholders equity, $4,020,000 The following accounts and

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=+E8-25 Stockholders’ equity section ofbalance sheet Obj 7

/ Total stockholders’

equity, $4,020,000 The following accounts and their balances appear in the ledger ofHeart and Saul Inc. on April 30 ofthe current year:

Common Stock, $50 par $ 900,000 Paid-In Capital in Excess of Par 110,000 Paid-In Capital from Sale ofTreasury Stock 42,000 Retained Earnings 3,178,000 Treasury Stock 210,000

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