Inside Incorporated was issued a charter on January 15, 2013, that authorized the following capital stock:

Common stock, $6 par, 100,000 shares, one vote per share.

Preferred stock, 7 percent, par value $10 per share, 5,000 shares, nonvoting.

During 2013, the following selected transactions were completed in the order given:

a.	Issued 13,000 shares of the $6 par common stock at $16 cash per share.
b.	Issued 2,300 shares of preferred stock at $20 cash per share.
c.	At the end of 2013, the accounts showed net income of $31,000.

Required:

1.	Prepare the stockholders