Eastport Incorporated was organized on June $5,$ Year $1.$ It was authorized to issue $440,000$ shares of $$10$ par common stock and

$40,000$ 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 Incorporated:

a$.$ Issued $20,000$ shares of common stock for $$15$ per share.

b$.$ Issued $9,000$ shares of the class A preferred stock for $$30$ per share.

c$.$ Issued $52,000$ shares of common stock for $$18$ per share.

Required

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