IPO The Mockholders' equity section of VAN Corporation's balance sheet on December 31, 2016. was as follows: (Click the loon to view the balance sheet.) During 2017, the company had the following: a) Purchased 80,000 shares of its common stock for 5060,000 b) Sold 12,000 shares of the treasury stock for $32 per share. c) Sold 63,000 shares of the treasury stock for $27 per share. Requirement: Prepare the stockholders' equity section of the company's balance sheet on December 31, 2017, assuming that the company had not income of $14,000,000 and paid a dividend of $2.25 per here at year and Balance 5.000.000 shares authorized $ Stockholders' Equity Common Stock, $3 par value, 2.500.000 shares issued Additional Paid-in Capital in Excess of Par. Common Additional Paid-in Capital from Treasury Stock Transactions Total Contributed Capital Retained Eamings 7.500.000 7,600.000 Los cost of Treasury Stock Total Stockholders' Equity