Dirk Company reported the following balances at December 31, 2014: common stock $400, 150; paid-in capital in excess of par value-common stock $105, 630; and retained earnings $242, 480. During 2015, the following transactions affected stockholders' equity. 1. Issued preferred stock with a par value of $123, 860 for $206, 210. 2 Purchased treasury stock (common) for $44, 480. 3. Earned net income of $139, 810. 4. Declared and paid cash dividends of $51, 520. Prepare the stockholders' equity section of Dirk Company's December 31, 2015, balance sheet