Issuance of Capital Stock Lopez Electronics was established on May 30, with authorization to issue 500,000 shares of $10-par capital stock.-Shortly thereafter, the company issued 100,000 shares of stock for $25 per share and a month later issued another 50,000 shares for $30 per share. During the remainder of the year, the company incurred a net loss of $275,000 from its operations. Prepare the stockholders’ equity section of the balance sheet for Lopez Electronics as of the end of the year.