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Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet....

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Accounting

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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