partial Balance sheet

The following shareholders' equityaccounts are reported by Pharoah inc. on January 1: Common shares (unlimited authorized, 159,000 issued) Preferred shares (\$4 cumulative, convertible, 100,000 authorized, 5,600 issued) Contributed surplus-reacquisition of common shares Retained earnings $2,544,000 420,000 31,200 1.266,000 The following selected transactions occurred during the year: Feb. 11 Issued 53,000 common shares at $20 per share. Mar. 2 Reacquired 20.100 common shares at $22 per share. June 14 Split the common shares 2 for 1 when the common shares were trading at $30 per share. July 25 Reacquired 440 preferred shares at $70 per share. Sept. 16 Reacquired 53,000 common shares for $17 per share. Oct. 27 Declared a 5% common stock dividend distributable on December 13 to shareholders of record on November 24. The fair value of the common shares on October 27 was $19 per share. Dec. 13 Distributed the stock dividend declared on October 27. The fair value of the common shares on December 13 was $21 per share. Show how each class of shares will be presented in the shareholders' equity section of the balance sheet at December 31