Using the following accounts and balances, use Method 2 to prepare the "Stockholders' Equity" section of the balance sheet with all of the appropriate disclosures. Common Stock, $50 par (50,000 shares authorized, 40,000 issued) Paid-In Capital in Excess of Par Paid-In Capital from Sale of Treasury Stock Retained Earnings Treasury Stock Stockholders' Equity Line Item Description Amount Amount Contributed capital: Total contributed capital Total Total stockholders' equity QOQOQI $2,000,000 206,050 6,050 132,000 4,550

Using the following accounts and balances, use Method 2 to prepare the "Stockholders' Equity" section of the balance sheet with all of the appropriate disclosures. Common Stock, $50 par (50,000 shares authorized, 40,000 issued) Paid-In Capital in Excess of Par Paid-In Capital from Sale of Treasury Stock Retained Earnings Treasury Stock Stockholders' Equity Line Item Description Amount Amount Contributed capital: Total contributed capital Total Total stockholders' equity 100000 $2,000,000 206,050 6,050 132,000 4,550