In Draco Corporation's first year of business, the following transactions affected its equity accounts.

Issued $4,200$ shares of $$2$ par value common stock for $$20.$ It authorized $20,000$ shares.

Issued $1,050$ shares of $12\%,$$$10$ par value preferred stock for $$25.$ It authorized $3,000$ shares.

Reacquired $210$ shares of common stock for $$32$ each.

Retained earnings is impacted by reported net income of $$52,000$ and cash dividends of $$16,000.$

Prepare the stockholders' equity section of Draco's balance sheet as of December $31.$

Note: Amounts to be deducted should be indicated by a minus sign.

$\backslash$table$[[$DRACO CORPORATION,$],[$Stockholders$\text{'}$ Equity Section of the Balance Sheet,$],[$December $31,],[$Total stockholders' equity,$]]$