Question: BE 1 2 - 6 Reporting Stockholders' Equity Obj. 6 Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet.

BE 12-6 Reporting Stockholders' Equity
Obj. 6 Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. Five hundred thousand shares of common stock are authorized, and 40,000 shares have been reacquired.
\table[[Common Stock, $120 par,$48,000,000
 BE 12-6 Reporting Stockholders' Equity Obj. 6 Using the following accounts

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