a Canvas Metro Business M. Book Real Estate Lawb. P MyLabsPlus Pour Business Book 1.2 The Roles Man Homework 5. In Draco Corporation's first year of business, the following transactions affected its equity accounts Issued 6,000 shares of $2 par value common stock for $38. It authorized 20,000 shares Issued 1,500 shares of 12%, 510 par value preferred stock for $43. It authorized 3,000 shares Reacquired 300 shares of common stock for $50 each Retained earnings is impacted by reported net income of $70,000 and cash dividends of $25.000 Prepare the stockholders' equity section of Draco's balance sheet as of December 31. (Amounts to be deducted should be in by a minus sign.) conces DRACO CORPORATION Stockholders' Equity Section of the Dinne lihet December 31 To tokholders Buty GE MacBook Air 30 DBG 009 A & % 8 9 # 3 6 4 5 2 0 Y T R E W Q H