Homework Answers
| Stockholders' Equity | |
| Common stock ($0.01 par, 200,000 shares issued | $ 2,000 |
| Paid in capital in excess of par | $ 348,000 |
| Total paid in capital | $ 350,000 |
| Retained earnings | $ 668,000 |
| Total stockholders equity | $ 1,018,000 |
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