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Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders Equity section of the belance sheet. Five-hundred thousand shares of common stock are authorized, and 40,000 shares have been reacquired Common Stock, $120 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par- Common Stock Retained Earnings Treasury Stock $48,000,000 4,500,000 6,400,000 63,690,000 5,200,000 Paid-In Capital Common Stock, $120 Par Shares Authorized, 400,000 Shares $48,0000 6400,000 Excess of Issue Price Over Par Paid-in capital, common stock 4,500,000x 4,500,000 1,900,000 x From Sale of Treasury Stock Total Paid-In Capital 63,630,000 Total 122,580,000 Stock (40,000 Shares at 5200,000 Total Stockhoders' Equity 117,380,000