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 comon-stock for $23 per share. February 6 Issues 1,860 shares of 8% preferred stock for $12 per share. September 16 Purchases 10,600 shares of Its own conmon stock for $28 per share. Decenber 15 Resel1s 5,000 shares of treasury stock at $33 per share. In its first year of operations. For Feet's Sake has net income of $148,000 and pays dividends at the end of the year of $95,000 ( $1 per share) on all common shares outstanding and $1,440 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. (Amounts to be deducted should be indicated by a minus sign.)