Lucas Company was issued a charter by the state of Indiana on January $15$ of this year. The charter authorized the following:

Common stock, $$6$ par value, $115,000$ shares authorized

Preferred stock, $11$ percent, par value $$9$ per share, $5,400$ shares authorized

During the year, the following transactions took place in the order presented:

a$.$ Sold and issued $20,400$ shares of common stock at $$18$ cash per share.

b$.$ Sold and issued $2,200$ shares of preferred stock at $$22$ cash per share.

c$.$ At the end of the year, the company reported net income of $$41,400.$ No dividends were declared.

Required:

Prepare the stockholders' equity section of the balance sheet at the end of the year.