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The following accounts and their balances appear in the ledger of Amazon Properties Inc. on...

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Accounting

The following accounts and their balances appear in the ledger of Amazon Properties Inc. on April 30 of the current year:

Common Stock, $25 par - $900,000

Paid-In Capital in Excess of Par - $216,000

Paid-In Capital from Sale of Treasure Stock - $24,000

Retained Earnings - $7,680,000

Treasure Stock - $204,000

Prepare the Stockhoolders' Equity section of the balance sheet as of April 30. Fifty thousand shares of common stock are authorized, and 4,000 shares have been reacquired.

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