Current Attempt in Progress Blue 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 Common Stock, 2,019,000 shares Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings $ 2,988,000 10,095,000 206,000 26,815,000 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. Blue uses the cost method. Sept. 159,000 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 Blue Company at December 31, 2021. (Enter account name only and do not provide descriptive information.) Prepare the stockholders' equity section for Blue Company at December 31, 2021. (Enter account name only and do not provide descriptive information.) BLUE COMPANY Stockholders' Equity