Monty Company has two classes of capital stock outstanding: 9%, $20 par preferred and $5 par common. At December 31, 2017, the following accounts were included in stockholders' equity.

Preferred Stock, 149,800 shares $ 2,996,000

Common Stock, 2,026,000 shares 10,130,000

Paid-in Capital in Excess of Par—Preferred Stock 195,000

Paid-in Capital in Excess of Par—Common Stock 27,225,000

Retained Earnings 4,572,000

The following transactions affected stockholders' equity during 2018.

Jan. 1 31,800 shares of preferred stock issued at $23 per share.

Feb. 1 54,400 shares of common stock issued at $19 per share.

June 1 2-for-1 stock split (par value reduced to $2.50).

July 1 27,600 shares of common treasury stock purchased at $10 per share. Monty uses the cost method.

Sept. 15 10,300 shares of treasury stock reissued at $11 per share.

Dec. 31 The preferred dividend is declared, and a common dividend of 45¢ per share is declared.

Dec. 31 Net income is $2,075,000.

Prepare the stockholders' equity section for Monty Company at December 31, 2018.