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. Kay 10 Purchases 5,900 abares of treasury stoek for 564 per share. Jaly 1 pat paid ob ereasury etock, paya the cest divideod declnred on June 1. October 21: Rene11: 2,950 abares of trensury atock purchased en May 10 for $69 per ahare. Power Drive Corporation has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Common Stock, $100,000; Additional Paid-in Capital, \$5,400,000; and Retained Earnings, \$2,900,000. Net income for the year ended December 31. 2024 , is $690,000 Required: Prepare the stockholders' equity section of the balance sheet for Power Drive Corporation as of December 31, 2024. (Amounts to be deducted should be indicated by a minus sign.)