For Feet's Sake has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 2 Issues 100,000 shares of common stock for $33 per share. February 6 Issues 2,800 shares of 7% preferred stock for $13 per share. September 10 Purchases 12,000 shares of its own common stock for $38 per share. December 15 Resells 6,000 shares of treasury stock at $43 per share. In its first year of operations, For Feet's Sake has net income of $158,000 and pays dividends at the end of the year of $94,000 ($1 per share) on all common shares outstanding and $1,960 on all preferred shares outstanding.

Required: Prepare the stockholders' equity section of the balance sheet for For Feet's Sake as of December 31, 2024.