plese check

Eastport Incorporated was organized on June 5 , Year 1. It was authorized to issue 430,000 shares of $11 par common stock and 65,000 shares of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $30 per share. The following stock transactions pertain to Eastport Incorporated: a. Issued 23,000 shares of common stock for $16 per share. b. Issued 11,000 shares of the class A preferred stock for $35 per share. c. Issued 47,000 shares of common stock for $19 per share. Required Prepare the stockholders' equity section of the balance sheet immediately after these transactions