I am not understanding how to do the balance sheet.

Monty Corp. has been authorized to issue 19,900 shares of $100 par value, 6%, noncumulative preferred stock and 1,090,000 shares of no-par common stock. The corporation assigned a $4 stated value to the common stock. At December 31, 2022, the ledger contained the following balances pertaining to stockholders' equity. Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Treasury Stock (3,980 common shares) Retained Earnings Accumulated Other Comprehensive Income $149,000 20,900 1,955,000 1,500,000 39,800 84,500 48,900 The preferred stock was issued for $169,900 cash. All common stock issued was for cash. In November 3,980 shares of common stock were purchased for the treasury at a per share cost of $10. No dividends were declared in 2022. Your answer is correct. Prepare the journal entries for the following. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) (1) Issuance of preferred stock for cash. (2) Issuance of common stock for cash. (3) Purchase of common treasury stock for cash. No. Account Titles and Explanation Debit Credit 1. Cash 169900 Preferred Stock 149000 Paid-in Capital in Excess of Par Value-Preferred Stock 20900 Cash 3455000 Common Stock 1955000 Paid-in Capital in Excess of Stated Value-Common Stock 1500000 Treasury Stock 39800 Cash 39800 Prepare the stockholders' equity section of the balance sheet at December 31, 2022. MONTY CORP. Partial Balance Sheet December 31, 2022 Stockholders' Equity Preferred Stock 149000 Preferred Stock 20900 169900 Common Stock 1955000 Common Stock 1500000 3455000 3624900 Retained Earnings 84500 Total Paid-in Capital 3709400 Accumulated Other Comprehensive Income 48900 Less : Treasury Stock 3758300 Total Stockholders' Equity 3718500