Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100.000 shares of common stock outstanding as of the beginning of 2024 . Power Drive has the following transactions affecting stockholders' equity in 2024 . March 1 Issues 56 ,eee additional shares of $1 par value comon stock for $53 per share. May 10 Purchases 5,100 shares of treasury stock for $56 per share. June 1 Declares a cash dividend of $1.55 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. october 21 Resells 2,550 shares of treasury stock purchased on May 10 for $61 per share. Power Dive Corporation has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Common Stock. \$100.000; Additional Paid-in Capital, \$4,600,000, and Retained Earnings, \$2,100,000. Net income for the year ended December 31 , 2024, is $610,000 Required: Prepare the statement of stockholders' equity for Power Drive Corporation for the year ended December 31, 2024. (Amounts to be deducted should be indicated by a minus sign.) Answer is complete but not entirely correct