Using the following accounts and balances, prepare the stockholders' equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 5,000 shares have been reacquired. 
What is the total amount of paid-in capital that would be reported on the statement of stockholders' equity?
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Tort Laws
Legal provisions governing civil wrongs or injuries caused by one party to another, either intentionally or through negligence, excluding breaches of contract.
Fraudulent Misrepresentation
Fraudulent Misrepresentation occurs when false statements are knowingly made by one party to induce another party into a contract.
Privacy Torts
Legal claims arising from the invasion of one's personal privacy rights, such as disclosure of private information or intrusion upon seclusion.
Fraudulent Misrepresentation
A false statement made knowingly, without belief in its truth, or recklessly, to induce another party into a contract.
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