Cullumber Company has two classes of capital stock outstanding: 8%, $ 20 par preferred and $ 5 par common. At December 31, 2020, the following accounts were included in stockholders equity. Preferred Stock, 149,400 shares $ 2,988,000 Common Stock, 2,019,000 shares 10,095,000 Paid-in Capital in Excess of ParPreferred Stock 206,000 Paid-in Capital in Excess of ParCommon Stock 26,815,000 Retained Earnings 4,485,000 The following transactions affected stockholders equity during 2021. Jan. 1 31,100 shares of preferred stock issued at $ 24 per share. Feb. 1 50,500 shares of common stock issued at $ 21 per share. June 1 2-for-1 stock split (par value reduced to $ 2.50). July 1 32,900 shares of common treasury stock purchased at $ 11 per share. Cullumber uses the cost method. Sept. 15 9,000 shares of treasury stock reissued at $ 12 per share. Dec. 31 The preferred dividend is declared, and a common dividend of 52 per share is declared. Dec. 31 Net income is $ 2,078,000. Prepare the stockholders equity section for Cullumber Company at December 31, 2021. (Enter account name only and do not provide descriptive information.) CULLUMBER COMPANY Stockholders Equity $ $ :