For Feet's Sake has two classes of stock authorized: 8%, $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 $17 per share.
February 6		Issues 1,200 shares of 8% preferred stock for $12 per share.
September 10		Purchases 10,000 shares of its own common stock for $22 per share.
December 15		Resells 5,000 shares of treasury stock at $27 per share.

In its first year of operations, For Feet's Sake has net income of $142,000 and pays dividends at the end of the year of $95,000 ($1 per share) on all common shares outstanding and $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.