CORPORATE BALANCE SHEET, INCOME STATEMENT, AND ANALYSIS Preparation of stockholders' equity section of the balance sheet Hill Company had the following transactions during 2018, its first year in business January2 April October 6 December 9 Issued 45,000 shares of $15 par Issued 4,000 shares of $90 par preferred stock for $157 per share Purchased 1,950 shares of treasury stock for $30 per share Reissued 170 shares of treasury stock for $54 per share for $23 per share 3 In addition, Hill Company had $614,000 of net income for the year and, during the year, declared and distributed a cash dividend of $150,100 Required: Prepare the stockholders' equity section of the December 31, 2018, balance sheet. Note: In the final answer, use "Additional Paid-in Capital" to combine all the additional Paid-In Capital accounts Hill Company Stockholders' Equity December 31 s D Preferred Stock Common Stock Additional Paid-In Capital Retained Earnings Treasury Stock s D s D Total Stockholders' Equity