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i nedddd heelppp with thiisss pleassee Finishing Touches has two classes of stock authorized: 8%,$10 par preferred, and $1 par value common. The following transactions

i nedddd heelppp with thiisss pleassee
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Finishing Touches has two classes of stock authorized: 8%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2018, its first year of operations: January 2 Issues 100,000 shares of common stock for $28 per share. February 6 issues 2,300 shares of 8% preferred stock for $12 per share, September 10 Purchases 10,000 shares of its own common stock for $33 per share. December 15 Reissues 5,000 shares of treasury stock at $38 per share. In its first year of operations, Finishing Touches has net income of $153,000 and pays dividends at the end of the year of $95,000 ( $1 per share) on all common shares outstanding and $1,840 on all preferred shares outstanding. Required: Prepare the stockholders' equity section of the balance sheet for Finishing Touches as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.)

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