Prepare the balance sheets at December 31, Year 1 and Year 2. Note: Amounts to be deducted should be indicated with minus sign.Year 1 January 5 Sold 15,600 shares of the $6 par common stock for $8 per share. January 12 Sold 2,200 shares of the 6 percent preferred stock for $85 per share. April 5 Sold 20,800 shares of the $6 par common stock for $10 per share. December 31 During the year, earned $314,800 in cash revenue and paid $236,300 for