On January 5, 2020, Pearl Corporation received a charter granting the right to issue 4,700 shares of $100 par value, 8% cumulative and nonparticipating preferred stock, and 52,000 shares of $10 par value common stock. It then completed these transactions. Jan. 11 Issued 20,400 shares of common stock at $15 per share. Feb. 1 Issued to Sanchez Corp. 4,100 shares of preferred stock for the following assets: equipment with a fair value of $49,900; a factory building with a fair value of $150,000; and land with an appraised value of $248,000. July 29 Purchased 1.800 shares of common stock at $16 per share. (Use cost method.) Aug. 10 Sold the 1,800 treasury shares at $14 per share. Dec. 31 Declared a $0.35 per share cash dividend on the common stock and declared the preferred dividend. Dec. 31 Closed the Income Summary account. There was a $185,300 net income. Prepare the stockholders' equity section of Pearl Corporation's balance sheet as of December 31, 2020. (Enter account name only and do not provide descriptive information.) PEARL CORPORATION Stockholders' Equity V $ $ $