Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 320,000 shares of $12 par common stock and 25,000 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.: 1. Issued 18,000 shares of common stock for $17 per share. 2. Issued 6,000 shares of the class A preferred stock for $30 per share.. 3. Issued 56,000 shares of common stock for $20 per share. Required: Prepare the stockholders' equity section of the balance sheet immediately after these transactions. Stockholders' Equity EASTPORT INC. Balance Sheet (partial) For the Year Ended Year 1 Total Paid-In Capital Total stockholders equity