Prepare a stockholders' equity sectionat December 31. 2022. includins the Glsclosure af the preferred dividends in arrears. (Enter The stockholders' equity accounts of Concord Corporation on January 1, 2022, were as follows. During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 24,000 shares of cornman stock for $120,000. Apr. 14 Sold 5,900 shares of treauurystock-common for $33,500. Sept I Issued 4,800 shares of common stock for a patent valued at $35,700 Nov. 10 Purchased 1,000 shares of common stock for the treasury at a cost of 56,200 . Dec. 31 Determined that net income for the year was $450,000 No dividends were declared during the year