Concord Corporation reported the following balances at December $31,2021$: common stock $$396,000,$ paid$-$in Capital in Excess of Par$-$common stock $$108,000,$ and retained earnings $$251,000.$ During $2022,$ the following transactions affected stockholders' equity.

Issued preferred stock with a par value of $$121,500$ for $$193,000.$

Purchased treasury stock $($common$)$ for $$38,000.$

Earned net income of $$143,000.$

Declared and paid cash dividends of $$58,500.$

Prepare the stockholders' equity section of Concord Corporation's December $31,2022,$ balance sheet.

Concord Corporation Balance Sheet $($Partial$)$