In Draco Corporation's first year of business, the following transactions affected its equity accounts. - Issued 5,000 shares of $2 par value common stock for $28, it authorized 20,000 shares: - Issued 1,250 shares of 12%,$10 par value preferred stock for $33, It authorized 3.000 shares. - Reacquired 250 shares of common stock for $40 each. - Retained earnings is impacted by reported net income of $60,000 and cash dividends of $20,000. Prepare the stockholders' equity section of Draco's balance sheet as of December 31 . (Amounts to be deducted should be indicated by a minus sign.)