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 57,000 additional shares of \\$1 par value comon stock for \\( \\$ 54 \\) per share. May 10 Purchases 5,200 shares of treasury stock for \\( \\$ 57 \\) per share. June 1 Declares a cash dividend of \\( \\$ 1.60 \\) per share to all stockholders of record on June 15 . (Hint: Dividends are not paid on \\( \\begin{array}{ll}\\text { July } 1 & \\text { pays the cash dividend declared on June } 1 .\\end{array} \\) October 21 Resells 2,600 shares of treasury stock purchased on May 10 for \\( \\$ 62 \\) per share. Power Drive Corporation hos the following beginning balances in its stockholders' equity accounts on January 1, 2024: Common Stock. \\( \\$ 100,000 \\) : Additional Paid-in Copital, \\$4,700.000, and Retained Earnings, \\$2,200.000. Net income for the year ended December 31, 2024, is \\( \\$ 620,000 \\). Required: Prepore the stotement 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.)