On January 1, 2018, Fascom had the following account balances in its shareholders' equity accounts Common stock. Si par. 250,000 shares issued Paid-in capital excess of par, common Paid-in capital excess of par preferred Preferred stock, S100 par. 10,000 shares outstanding Retained earnings Treasury stock, at cost, 5,000 shares 250,000 500,000 100.000 1.000.000 2.000.000 25.000 During 2018, Fascom Inc. had several transactions relating to common stock. Declared a property dividend of 100,000 shares of Slowdown January 15: Company (book value $10 per share, fair value $9 per share). February 17: Distributed the property dividend. A2-for-1 stock split was declared and distributed on outstanding common stock and elected in the form of a stock dividend. The fair April 10: value of the stock was $4 on this date. Declared and distributed a 3% stock dividend on outstanding common July 18 stock. The fair value is $5 per share. Declared a 50 cents per share cash dividend on the outstanding December 1: common shares. December 20: Paid the cash dividend. Required: Without preparing journal entries, prepare the shareholders' equity section of Fascom's balance sheet as of December 31, 2018. Assume net income is $500,000 for 2018