Jude Corporation has been authorized to issue 20,000 shares of $100 par value, 10%, noncumulative preferred stock and 1,000,000 shares of no-par common stock. The corporation assigned a $2.50 stated value to the common stock. At December 31, 2014, the ledger contained the following balances pertaining to stockholder's equity.

Perferred Stock $120,000

Pain-in Capital in Excess of Par- Preferred Stock 12,000

Common Stock 1,000,000

Paid-in Capital in Excess of Stated Value- Common Stock 1,600,000

Treasury Stock (1,000 common shares) 9,000

Paid-in Capital from Treasury Stock 1,000

Retained Earnings 82,000

The preferred stock was issued for land having a fair value of $132,000. All common stock issued was for cash. In November, 1,500 shares of common stock were purchased for the treasury at a per share of $9. In December, 500 shares of treasury stock were sold for $11 per share. No dividends were declared in 2014.

Prepare the stockholder's equity section at December 31, 2014