Eastport Inc. was organized on June $5,$ Year $1.$ It was authorized to issue $450,000$ shares of $$9$ par common stock and $65,000$ shares of $5$ percent cumulative class A preferred stock. The class A stock had a stated value of $$25$ per share. The following stock transactions pertain to Eastport Inc.:

Issued $18,000$ shares of common stock for $$14$ per share.

Issued $14,000$ shares of the class A preferred stock for $$30$ per share.

Issued $41,000$ shares of common stock for $$17$ per share.

Required

Prepare the stockholders' equity section of the balance sheet immediately after these transactions have been recognized.

$\backslash$table$[[$EASTPORT INC.$],[$Balance Sheet $($partial$)],[$For the Year Ended Year $1],[$Stockholders$\text{'}$ Equity,$],[,],[,],[,],[,],[$Total Paid$-$In Capital,$