Eastport Incorporated was organized on June $5,$ Year $1.$ It was authorized to issue $450,000$ shares of $$11$ par common stock and $70,000$ shares of $5$ percent cumulative class A preferred stock. The class A stock had a stated value of $$25$ per share. The following stock transactions pertain to Eastport Incorporated:

a$.$ Issued $17,000$ shares of common stock for $$16$ per share.

b$.$ Issued $13,000$ shares of the class A preferred stock for $$30$ per share.

c$.$ Issued $58,000$ shares of common stock for $$19$ per share.

Required

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

$\backslash$table$[[$EASTPORT INCORPORATED$],[$Balance Sheet $($partial$)],[$Stockholders$\text{'}$ Equity,$],[$Common stock,$],[$Preferred stock,$],[,],[,],[,],[$Total Paid$-$In Capital,$],[,],[$Total stockholders' equity,$]]$