Stockholders' Equity Section of Balance Sheet The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common Stock, $15 par $535,500 Paid-In Capital from Sale of Treasury Stock 22,000 Paid-In Capital in Excess of Par—Common Stock 14,280 Retained Earnings 841,000 Treasury Stock 11,115 Prepare the Stockholders’ Equity section of the balance sheet as of June 30 using Method 1 of Exhibit 8. Eighty thousand shares of common stock are authorized, and 585 shares have been reacquired.