The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Prepare the Stockholders’ Equity section of the balance sheet as of June 30....

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

Prepare the Stockholders’ Equity section of the balance sheet as of June 30. Eighty thousand shares of common stock are authorized, and 9,000 shares have been reacquired.