Inside Incorporated was issued a charter on January 15 authorizing 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. The following selected transactions were completed during the first year of operations in the order given: Issued 14,000 shares of the $6 par common stock at $17 cash per share. Issued 2,400 shares of preferred stock at S21 cash per share. At the end of the year, the accounts showed net income of S32.000. Prepare the stockholders' equity section of the balance sheet at December 31