I need help please

Required information [The following information applies to the questions displayed below] Nautical has two classes of stock authorized. $10 par preferred, and $1 par value common. As of the beginning of 2024 , 125 shares of preferred stock and 3,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024 March 1 Issue 3, eee additional shares of comon stock for $10 per share. Apri1 1 Issue 175 additiona1 shares of preferred stock for sue per share. June 1 Declare a cash dividend on both conbon and preferred stock of 30.25 per share to all stockholders of record on June 15. June 30 pay the cash dividends declared on June 1. August i purchase 175 shares of coenon treasury stock for \$37 per share. october 1 Resell 125 shares of treasury stock purchased on August 1 for 59 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Preferred Stock, $1,250, Common Stock, $3,000, Additional Paid- in Capital, $19,500, and Retained Earning 5, \$11,500. Net income for the year ended December 31,2024 , is $7,650 Taking into consideration the beginning balances on January 1, 2024 and all the transactions during 2024, respond to the following for Nautical: Required: 1. Prepare the stockholders' equity section of the balance sheet as of December 31, 2024. (Amounts to be deducted should be Indicated by a minus sign.)