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Nash Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were

Nash Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders equity.

Preferred Stock, 148,100 shares $ 2,962,000
Common Stock, 1,961,000 shares 9,805,000
Paid-in Capital in Excess of ParPreferred Stock 191,000
Paid-in Capital in Excess of ParCommon Stock 27,124,000
Retained Earnings 4,537,000

The following transactions affected stockholders equity during 2021.

Jan. 1 28,400 shares of preferred stock issued at $24 per share.
Feb. 1 53,400 shares of common stock issued at $20 per share.
June 1 2-for-1 stock split (par value reduced to $2.50).
July 1 31,100 shares of common treasury stock purchased at $10 per share. Nash uses the cost method.
Sept. 15 9,900 shares of treasury stock reissued at $11 per share.
Dec. 31 The preferred dividend is declared, and a common dividend of 54 per share is declared.
Dec. 31 Net income is $2,093,000.

Prepare the stockholders equity section for Nash Company at December 31, 2021.

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