Kingbird Company reported the following amounts in the stockholders' equity section of its December 31, 2024, balance sheet. During 2025 , Kingbird took part in the following transactions concerning stockholders' equity. 1. Paid the annual 2024$10 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31,2024. 2. Purchased 1,700 shares of its own outstanding common stock for $41 per share. Kingbird uses the cost method. 3. Reissued 600 treasury shares for land valued at $27,800. 4. Issued 480 shares of preferred stock at $104 per share. 5. Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $42 per share. 6. Issued the stock dividend. 7. Declared the annual 2025$10 per share dividend on preferred stock and the $2 per share dividend on common stock. Thes dividends are payable in 2026. 1. Dividends Payable - Preferred Stock 20000 \begin{tabular}{ll|} \hline Dividends Payable - Common Stock & \\ \hline Cash & \\ \hline \end{tabular} 43200 2. Treasury Stock 69700 69700 3. Land 27800 Treasury Stock 24600 4. Cash 49920 Preferred Stock 48000 Paid-in Capital in Excess of Par - Preferred Stock 1920 5. Retained Earnings 86100 Common Stock Dividend Distributable 6. Common Stock Dividend Distributable 10250 Common Stock 10250 7. Retained Earnings 69900 Dividends Payable - Preferred Stock 24800 Dividends Payable - Common Stock 45100 Prepare the December 31,2025, stockholders' equity section. Assume 2025 net income was $323,000. (Enter account name only nn nat umaidn amu daserintion infarmation 1