Chris Tandy Company reported the following balances at December $31,2019$: common stock $$475,000$; paid$-$in capital in excess of

par$-$common stock $$180,000$; retained earnings $$370,000.$ During $2020,$ the following transactions affected stockholder's equity.

Issued preferred stock with a par value of $$180,000$ for $$210,000.$

Purchased treasury stock $($common$)$ for $$73,000.$

Earned net income of $$255,000.$

Declared and paid cash dividends of $$90,000($ $$19,800$ preferred$).$

$($a$)$

Prepare the stockholders' equity section of Chris Tandy Company's December $31,2020,$ balance sheet.