The following accounts and their balances appear in the ledger of Heart and Saul Inc. on April 30 of the current year:
Common Stock, $50par 900,000
Paid-In Capital in Excess ofPar 110,000
Paid-In Capital from Sale of TreasuryStock 42,000
RetainedEarnings 3,178,000
TreasuryStock 210,000
Prepare the Stockholders' Equity section of the balance sheet as of April 30. Twenty-five thousand shares of common stock are authorized, and 3,500 shares have been reacquired.