Brice Company completed the following transactions in Year 1 , the first year of operation: 1. Issued 36,000 shares of no-par common stock for $15 per share. 2. Issued 9,600 shares of $25 par, 5 percent, preferred stock for $25 per share. 3. Paid a cash dividend of $12,000 to preferred shareholders. 4. Issued a 10 percent stock dividend on no-par common stock. The market value at the dividend declaration date was $20 per share. 5. Later that year, issued a 2 -for-1 split on the shares of outstanding common stock. The market price of the stock at that time was $60 per share. 6. Produced $184,000 of cash revenues and incurred $87,000 of cash operating expenses. 7. Closed the revenue, expense, and dividend accounts to retained earnings. Problem 11-27A (Algo) Part c c. Prepare the stockholders' equity section of the balance sheet at the end of Year 1