Finishing Touches has two classes of stock authorized: 8%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2021 , its first year of operations: January 2 tssues 100,000 shares of comton stock for $31 per share. February 6 issues 2,600 shares of as preferred stock for $12 per share September 10 Purchases 10 , 000 shares of its oun common stock for $36 per share. Deceater 15 Aesells 5,000 shares of treasury stock at $41 per share. In its first year of operations, Finishing Touches has net income of $156,000 and pays dividends at the end of the year of $95,000 ( $1 per share) on all common shares outstanding and $2.080 on all preferred shares outstanding Required: Prepare the stockholders' equity section of the balance sheet for Finishing Touches as of December 31,2021 . (Amounts to be deducted should be indicated by a minus sign.)