On January 1, 2022, Teal Mountain Inc. had these stockholders' equity balances. Common Stock, $1 par (3,000,000 shares authorized, 660,000 shares issued and outstanding) $660,000 Paid-in Capital in Excess of Par Value 1,570,000 Retained Earnings 708,000 Accumulated Other Comprehensive Income 61,000 During 2022, the following transactions and events occurred. 1. Issued 50,000 shares of $1 par value common stock for $2 per share. 2 Issued 58,000 shares of common stock for cash at $5 per share. 3. Purchased 21,200 shares of common stock for the treasury at $3.75 per share. 4. Declared and paid a cash dividend of $177,000. 5. Earned net income of $362,500. 6. Had other comprehensive income of $19,000. Prepare the stockholders' equity section of the balance sheet at December 31, 2022. December 31, 2022 Stockholders' Equity Paid-in Capital Common Stock $78000 Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Common Stock Total Paid-in Capital Total Stockholders' Equity