On January 5, 2020, Buffalo Corporation received a charter granting the right to issue 5,200 shares of $100 par value, 8% cumulative and nonparticipating preferred stock, and 46,600 shares of $10 par value common stock. It then completed these transactions. Jan. 11 Feb. 1 July 29 Issued 20,300 shares of common stock at $16 per share Issued to Sanchez Corp. 3,600 shares of preferred stock for the following assets: equipment with a fair value of $48,600; a factory building with a fair value of $146,000; and land with an appraised value of $266,000. Purchased 2,000 shares of common stock at $17 per share. Use cost method) Sold the 2,000 treasury shares at 514 per share. Declared a $0.45 per share cash dividend on the common stock and declared the preferred dividend. Closed the Income Summary account. There was a $163,400 net income. Aug. 10 Dec 31 Dec. 31 Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record entries in the order displayed in the problem statement. Round answers to decimal places, eg. $5,275.) Date Account Titles and Explanation Debit Credit Feb. 1 Aug 10 Aug. 10 Prepare the stockholders equity section of Buffalo Corporation's balance sheet as of December 31, 2020. (Enter account name only and do not provide descriptive Information) BUFFALO CORPORATION Stockholders' Equity