Using the following information, prepare the Stockholders' equity section of the balance sheet. Seventy thousand shares of common stock are authorized and 7,000 shares have been reacquired. 
Definitions:
Low-Context Culture
In communication, a low-context culture is one where messages and communication are explicit, detailed, and precise, relying less on unspoken context and more on explicit verbal information.
Explicit Content
Material that contains open and detailed depictions of adult themes, such as violence or sexual activity, which might not be suitable for all audiences.
Multilingual Audiences
Groups of people comprised of individuals who speak multiple languages, requiring consideration in communication strategies.
Slang
Informal language consisting of words and expressions that are not considered standard in the speaker's dialect or language.
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