In Draco Corporation's first year of business, the following transactions affected its equity account. Prepare the stockholder's equity selection of Draco's balance sheet as of December 31. Issued 4, 000 shares of $ 2 par value common stock for $18. It authorized 3,000shares. Issued 1,000 shares of 12% , $10 par value preferred stock for $23. It authorized 3,000shares. Reacquired 200 shares of common stock for $ 30 each. Retained earnings is impacted by reported net income of $ 50,000 and cash dividend of $15,000