Check my work 3 Witt Corporation received its charter during January of this year. The charter authorized the following stock: Preterred stock: 10 percent, $12 par value. 21,800 shares authorized Common stock: 510 par value, 51,400 shares outhorized 1.25 points During the year, the following transactions occurred in the order given: Back a. Issued 38,200 shares of the common stock for $14 per share. b. Sold 6,100 shares of the preferred stock for $18 per share. c. Sold 4,700 shares of the common stock for $17 per share and 2,700 shares of the preferred stock for $28 per share. d. Net incarne for the year was $68,000. Fry Required: Prepare the stockholders' cquity section of the balance sheet at the end of the year. WITT CORPORATION Balance Sheet(Partial) At December 31, This Year Stockhaldars' equity Contributed aptal: Total contributed capital Total stockholder' equily $