Power Drive Corporation designs and produces a line of golf equipment and golf apparet Power Drive has 100,000 shares of common stock cutstanding as of the beginning of 2024 . Power Drive has the following transactions affecting stockholders equity in 2024. March 1 Issues 61,600 additional shares of 51 par value connon stock for 558 per share. May 10 Purchases 5 , fee shares of treasury stock for 361 per share. June 1 beclares a cash dividend of $1. B0 pen share to all stockholders of record on June 15. (hrthti 0ividends are not paid on treasury stock:) July 1 Pays the cash dividend declared on June: 1 . October 21 Resells 2, bea shares of treasury stock purchased on May 10 for s6.6 perishare. Power Drive Corporation has the following beginning balances in its stockholders' equity accounts on January 1, 2024, Common Stock, $100,000, Additional Pald-in Capital, \$5,100,000, and Retained Earnings, $2,600,000. Net income for the year ended December 31 2024, is $660,000 Requlred: Prepare the stockholders equity section of the balance sheet for Power Drive Cotporation as of December 31, 2024. (Amounts to be deducted should be Indicated by a minus sign.)