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 $2024.$

$\backslash$table$[[$March $1,$Issues $45,000$ additional shares of $$1$ par value common stock for $$42$ per share.$],[$May $10,$Purchases $4,000$ shares of treasury stock for $$45$ per share.$],[$June $1,$Delares a cash dividend of $\{$f$224$d$9763-56$e$3-4$ca$4-82$ff$-$cd$17$cbd$3$c$413\}$ per share to all stockholders of record on June $\{$f$815$fec$2$d$-$be$02-48$f$4-$b$846-$e$6$cc$00$cbfdb$4\}$

$\backslash$table$[[($Hint: Dividends are not paid on$],[$treasury stock.$)]]],[\backslash$table$[[$July $1,$Pays the cash dividend declared on June $1.]],],[$October $21$ Resells $2,000$ shares of treasury stock purchased on May $10$ for $$50$ per share.,$]]$

Power Drive Corporation has the following beginning balances in its stockholders' equity accounts on January $1,2024$: Common Stock, $$100,000$; Additional Paid$-$in Capital, $$3,500,000$; and Retained Earnings, $$1,000,000.$ Net income for the year ended December $31,2024,$ is $$500,000.$

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.$)$