(c) Prepare a stockholders' equity section at December 31, 2022, including the disclosure of the preferred dividends in arrears. (Enter The stockholder's' equity accounts of Metlock, Inc. on January 1, 2022, were as follows. the account name only and do not provide the descriptive information provided in the question.) During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 24,500 shares of common stock for $123,000. Apr. 14 Sold 5,500 shares of treasury stock-common for $33,700. Sept. 3 Issued 5,200 shares of common stock for a patent valued at $34,600. Nov. 10 Purchased 1,000 shares of common stock for the treasury at a cost of $6,100. Dec. 31 Determined that net income for the year was $480,000. No dividends were declared during the year