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The following information was extracted from the records of TAC Corporation at the end of the...

The following information was extracted from the records of TAC Corporation at the end of the fiscal year after all adjusting entries were completed:

Common stock ($17 par value; 105,000 shares authorized, 39,000 shares issued, 36,000 shares outstanding) $ 663,000
Additional paid-in capital 168,000
Dividends declared and paid during the year 19,000
Retained earnings at the beginning of the year 71,000
Treasury stock at cost (3,000 shares) (41,000 )

Net income for the year was $35,000. The stock price is currently $26.69 per share.

Required:

1. Prepare the stockholders' equity section of the balance sheet at the end of the fiscal year. (Amounts to be deducted should be indicated by a minus sign.)

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