PLEASE HELP!

The stockholders' equity accounts of Sheffield Corp. on January 1, 2022 were as follows Preferred Stock (7%, $100 par noncumulative, 4,000 shares authorized) $240,000 Common Stock ($4 stated value, 240.000 shares authorized) 800,000 Paid-in Capital in Excess of Par Value-Preferred Stock 12,000 Paid-in Capital in Excess of Stated Value-Common Stock 384.000 Retained Earnings Treasury Stock (4,000 common shares) 550,400 32.000 During 2022, the corporation had the following transactions and events pertaining to its stockholders equity. Feb 1 Mar. 20 Oct. 1 Issued 4.000 shares of common stock for $24,000, Purchased 800 additional shares of common treasury stock at $7 per share Declared a 7% cash dividend on preferred stock, payable November 1 Paid the dividend declared on October 1 Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31, 2 Determined that net income for the year was $225,000. Pald the dividend declared on December 1. Nov. 1 Dec. 1 Dec 31 Prepare the stockholders' equity section of the balance sheet at December 31, 2022 SHEFFIELD CORP. Partial Balance Sheet Paid-in Capital Capital Stock $ $ . + din Capital and Retained Earnings Treasury Stock Ickholders' Equity . $