Eastport Inc. was organized on June 5, Year 1. It was authorized to to issue 350,000 shares of $10 par common stock and 60,000 shares of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $30 per share. The following stock information pertain to Eastport Inc.:

1. Issued 24,000 shares of common stock for $15 per share.

2. Issued 9,000 shares of the class A preferred stock for $35 per share.

3. Issued 44,000 shares of common stock for $18 per share.

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