Fnal Exan Tandy Company was issued a charter by the state of Iindana on January 15 of this year. The chaner authorized the following Common stock, $8 par value, 110,000 shares authorized Prefemed stock, 9 percent, par value $7 per share, 4,400 shares authorized During the year, the following transactions took place in the order presented a. Sold and issued 20,100 shares of common stock at $14 cash per share b. Sold and issued 1,500 shares of prefemed stock at $18 cash per share. c. At the end of the year, the accounts showed net income of $41,700. No dividends were declared. 1. Prepare the stockholders' equity section of the balance sheet at the end of the year Balance Sheet (Partial) s equity Total contributed capital 4