Early in 2019, Feller Corporation was formed with authorization to issue 50,000 shares of $1 par value common stock. All shares were Issued at a price of $8 per share. The corporation reported net income of $95,000 in 2019,$27,500 in 2020, and $75,700 in 2021, No dividends were declared in any of these three years. In 2020 , the company purchased its own shares for $35,000 in the open market. In 2021 , it reissued all of its treasury stock for $40,000. Required: a. Prepare the stockholders' equity section of the balance sheet at December 31, 2021 . b. As of December 31, compute the company's book value per share of common stock. c. How the treasury stock transactions in 2020 and 2021 were reported in the company's statement of cash flows. Complete this question by entering your answers in the tabs below. Prepare the stockhoiders' equity section of the balance sheet at December 31, 2021