On December 31, 2024, Cullumber Company had 1,265,000 shares of $5 par common stock issued and outstanding. At December 31 , 2024 , stockholders' equity had the amounts listed here. Transactions during 2025 and other information related to stockholders' equity accounts were as follows. 1. On January 10 , issued at $108 per share 117,000 shares of $100 par value, 8% cumulative preferred stock. 2. On February 8 , reacquired 12,400 shares of its common stock for $14 per share. 3. On May 9, declared the yearly cash dividend on preferred stock, payable June 10, to stockholders of record on May 31. 4. On June 8 , declared a cash dividend of $1.00 per share on the common stock outstanding, payable on July 10 to stockholders of record on July 1. 5. Net income for 2025 was $3,653,000. Record the journal entries that are required for items 1-5 above. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Prepare the stockholders' equity section of Cullumber 's balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.) CULLUMBER COMPANY Partial Balance Sheet December 31, 2025 Paid-in Capital $ $