Headland Company has two classes of capital stock outstanding: 7\%, \$20 par preferred and \$5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. The following transactions affected stockholders' equity during 2021. Jan. 132,900 shares of preferred stock issued at $23 per share. Feb. 152,500 shares of common stock issued at $18 per share. June 1 2-for-1 stock split (par value reduced to \$2.50). July 128,700 shares of common treasury stock purchased at $10 per share. Headland uses the cost method. Sept. 159,900 shares of treasury stock reissued at $12 per share. Dec. 31 The preferred dividend is declared, and a common dividend of 50 per share is declared. Dec. 31 Net income is $2,076,000. Prepare the stockholders' equity section for Headland Company at December 31, 2021. (Enter account name only and do not provide descriptive information.) Prepare the stockholders' equity section for Headland Company at December 31, 2021. (Enter account name only and do not provide descriptive information.) Question 3 of 9 2.67/3 Additional Paid-in Capital Paid-in Capital in Excess of Par - Preferred Stock Paid-in Capital in Excess of Par - Common Stock Paid-in Capital from Treasury Stock Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less : Treasury Stock Total Stockholders' Equity eTextbook and Media List of Accounts Save for Later $ 296700 27705500 Assistance Used Assistance Used Attempts: 3 of 5 used Submit