Account Summary N Netflix o (1) YouTube YouTube University of Nebra... University of Nebra... O O CANVAS DASHBOA. CANVAS DASHBOA... O MavLINK U New Tab STC INTERACTIVE Amazon.com - 10 Finishing Touches has two classes of stock authorized: 9%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2018, its first year of operations: January 2 Issues 100.000 shares of common stock for $26 per share February 6 Issues 2.100 shares of 9% preferred stock for $11 per share. September 10 Purchases 11,000 shares of its own common stock for $31 per share. December 15 Reissues 5.500 shares of treasury stock at $36 per share. In its first year of operations. Finishing Touches has net income of $151.000 and pays dividends at the end of the year of $94.500 (51 per share) on all common shares outstanding and $1.890 on all preferred shares outstanding Required: Prepare the stockholders' equity section of the balance sheet for Finishing Touches as of December 31, 2018. (Amounts to be deducted should be Indicated by a minus sign.) FINISHING TOUCHES Balance Sheet (Stockholders' Equity Section) December 31, 2018 Stockholders' equity: Preferred stock Common stock Additional paid-in capital 100.000 100,000 Total paid-in capital Retained earnings Treasury stock Total stockholders' equity S 100.000