BE12-12 Ingram Corporation has the following accounts at December 31: Common Stock,

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BE12-12 Ingram Corporation has the following accounts at December 31: Common Stock,
$10 par, 5,000 shares issued, $50,000; Paid-in Capital in Excess of Par Value $10,000; Retained Earnings $45,000; and Treasury Stock—Common, 500 shares, $11,000.

Prepare the stockholders’ equity section of the balance sheet