Honolua Surf Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. On December 31, 2025, the following accounts were reported in Stockholders' Equity: Preferred stock, 150,000 shares Common stock, 2,000,000 shares Paid-in Capital in Excess of Par - Preferred $ 3,000,000 10,000,000 200,000 Paid-in Capital in Excess of Par - Common 27,000,000 Retained Earnings 4,500,000 2026 Stockholders' Equity transactions: Jan 1 30,000 preferred shares issued for $22/share Feb 150,000 common shares issued for $20/share June 12-for-1 stock split for common shares July 130,000 common treasury stock purchased at $10 per share (assume cost method) Sept 15 10,000 treasury stock shares reissued at $11 per share Dec 31 Preferred dividend is declared, and a $0.50 common dividend is declared Dec 31 Net income for the year is $2,100,000 Prepare the stockholders' equity section for Honolua Surf Company at December 31, 2026. Show all supporting calculations.