Eastport Incorporated was organized on June $5,$ Year $1.$ It was authorized to issue $480,000$ shares of $$9$ par common stock and $50,000$ shares of $5$ percent cumulative class A preferred stock. The class A stock had a stated value of $$20$ per share. The following stock transactions pertain to Eastport Incorporated:

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

Issued $14,000$ shares of the class A preferred stock for $$25$ per share.

Issued $52,000$ shares of common stock for $$17$ per share.

Required

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