Common stock, $12 par value, 98,800 shares authorized Preferred stock, $48 par value, 8 percent, 60,600 shares authorized During January and February of this year, the following stock transactions were completed: a. Sold 78,500 shares of common stock at $24 cash per share. b. Sold 20,500 shares of preferred stock at $69 cash per share. c. Bought 4,300 shares of common stock from a current stockholder for $20 cash per share. Required: Net income for the year was $91,400; cash dividends declared and paid at year-end were $30,400. Prepare the stockholders' eq section of the balance sheet at the end of the year. (Amounts to be deducted should be indicated with a minus sign.)