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(Learning Objective 2: Preparing the stockholders' equity section of a balance sheet) The financial statements of Eppley Employment Services, Inc., reported the following accounts (adapted, with dollar amounts in thousands except for par value):
Paid-in capital in excess of par
$198
Total revenues
$1,390
Other stockholders' equity (negative)
25
Accounts payable
646
Common stock $0.01 par; 600 shares issued
6
Retained earnings
2,566
Long-term debt
(29)
Other current liabilities
805
Total expenses
420
Prepare the stockholders' equity section of Eppley's balance sheet. Net income has already been closed to Retained Earnings.
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