Eastport inc, was organized on June 5. Year 1. It was authorized to issue 470,000 shares of $11 par common stock and 50,000 shares of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $25 per share. The following stock vansactions pertain to Eastport inc: 1. 15 sued 17,000 shares of common stock for $16 per share. 2. Issued 7,000 shares of the class A preferred stock for $30 per share. 3. Issued 56,000 shares of common stock for $19 per share. Required Prepare the stockho ders equity section of the balance sheet immediately after these transactions hove been recognized