Current Attempt in Progress

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, 152,200 shares		$ 3,044,000
Common Stock, 2,039,000 shares		10,195,000
Paid-in Capital in Excess of ParPreferred Stock		202,000
Paid-in Capital in Excess of ParCommon Stock		26,684,000
Retained Earnings		4,587,000

The following transactions affected stockholders equity during 2021.

Jan. 1		32,600 shares of preferred stock issued at $23 per share.
Feb. 1		49,300 shares of common stock issued at $19 per share.
June 1		2-for-1 stock split (par value reduced to $2.50).
July 1		29,900 shares of common treasury stock purchased at $10 per share. Cullumber uses the cost method.
Sept. 15		10,300 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 $2,134,000.

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 $