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Prepare the stockholders equity section of the balance sheet

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Question - Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,500,000 shares issued; Additional Paid-in Capital, $17.50 million; Retained Earnings, $10.50 million; and Treasury Stock, 55,000 shares, $1.210 million.

Required - Prepare the stockholders' equity section of the balance sheet.

Reference no: EM133091003

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