During January and February, the following stock transactions were completed:

a$.$ Collected $$729,000$ cash and issued $27,000$ shares of common stock.

b$.$ Issued $18,500$ shares of preferred stock at $$37$ per share; collected in cash.

Net income for the year was $$57,000$; cash dividends declared and paid at year$-$end were $$11,000.$

Required:

Prepare the stockholders' equity section of the balance sheet at December $31.$