Current Attempt in Progress Larkspur, Inc: reported the following balances at December 31, 2021: common stock $401,000, paid-in Capital in Excess of Parcommon stock $101,000, and retained earnings $244,000. During 2022 , the following transactions affected stockholders' equity. 1. Issued preferred stock witha par value of $123,000 for $195,000. 2. Purchased treasury ttock (common) for $39,000. 3. Earned net income of $136,000. 4. Declared and paid cash dividends of $50,500. Prepare the stockholders' equity section of Larkspur, Inc's December 31, 2022, balance shect. Question 5 of 6