Concord Company was formed on July 1,2023, It was authorized to issue 299,300 shares of $10 par value common stock and 97,500 shares of 8%,$25 par value. cumulative and nonparticipating preferred stock. Concord Company has a July 1 - June 30 fiscat year. The following information relates to the stockholder's' equity accounts of Concord Company. Common Stock Prior to the 2025-2026 fiscal year, Concord Company hald108,000 shares of outstanding common stock issued as follows. 1. 87,800 shares were issued for cashon July 1, 2023, at $30 per share. 2. On Juty 24,2023,5,000 shares were exchanged for a plot of land which cost the seller $69.000 in 2017 and had a fair value (based on recent land sales) of $221,200 on July 24,2023 . 3. 15,200 shares were issued on March 1,2024, for $39 per share. During the 2025-2026 fiscal year, the following transactions regarding common stock took place. November 30,2025 Concord purchased 2,000 shares of Its own stock on the open market at $39 per share. Concord uses the cost method for treasury stock. December 15, 2025 Concord declared a 5\% stock dividend for stockholders of record on January 15, 2026, to be issued on January 31, 2026, Concord was having a liquidity problem and could not afford a cash dividend at the time Concord's common stock was selling at $51 per share on December 15,2025 . June 20,2026 Concord sold 500 shares of its own common stock that it had purchased on Nowember 30,2025, for $21,700. Preferred Stock Concord issued 39.600 shares of preferred stock at $47 per share on July 1,2024 Cash Dividends Concord has followed a schedule of declaring cash dividends in December and June, with payment being made to stockholders of record in the following month. The cash dividends which have been declared since inception of the company through June 30, 2026, are shown below. Stockholders' Equity I $ $ $ No cash dividends were declared during June 2026 due to the company's liquidity problems. Retained Earnings As of June 30,2025 , Concord's retained earnings account had a balance of $721,000. For the fiscal vear-ending June 30,2026, Concord reported net income of $38,100. Prepare the stockholder' equity section of the balance sheet, for Concord Compary as of June 30, 2026, as it should appear in its annual report to the shareholder (Fnter account name only and do not provide descriptive information.)