need help with some home work

National League Gear has two classes of stock authorized: 4%,$20 par preferred, and $5 par value common. The following transactions affect stockholders' equity during 2021, National League's first year of operations: Rebruary 2 Isaue 1.4 mil11on shares of cosenon rock for \$16 por whare. February 4 Issue 410,000 shares of preterred ntock for $23 per share. June 15 Purchase 140,600 shares of 1tg own cormon stoek for 511 per share. Auqust 15 Renell 105,000 shares of treasury ntoek for $26 per share. Moverber 1 Deelare a cash dividend on lts conoion stook of $1.40 per share and a $328,000 (4t of par value) cash dividend on its preferced stock payable to all stockholdera of record on Novenber 15 . (AIntt Dividends are not paid on treasury stock.) Noverber 30 Ray the dividends deelared on November 1. 2. Prepare the stockholders' equity section of the balance sheet as of December 31, 2021, Net income for the year was $4,710,000. (Amounts to be deducted should be indicated by a minus sign.)