Prepare the December 31, 2020, stockholders' equity section. Assume 2020 net income was $314,000. (Enter account name only .Do not provide any descriptive information.) BLUE COMPANY Stockholders' Equity December 31, 2020 Capital Stock Preferred Stock 243000 Common Stock 105050 Total Capital Stock 100 348050 Additional Paid-in Capital 208840 Total Paid-in Capital 556890 Retained Earnings 588910 Total Paid-in Capital and Retained Earnings 1145800 Less . Treasury Stock 47300 i Blue Company reported the following amounts in the stockholders' equity section of its December 31, 2019, balance sheet. Preferred stock, 10%, $ 100 par (10,000 shares authorized, 1,900 shares issued) $ 190,000 Common stock, $ 5 par ( 101,000 shares authorized, 20,200 shares issued) 101,000 Additional paid-in capital 125,000 Retained earnings 431,000 Total $ 847,000 During 2020, Blue took part in the following transactions concerning stockholders' equity. 1. Paid the annual 2019 $ 10 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019. 2. Purchased 1,800 shares of its own outstanding common stock for $ 43 per share. Blue uses the cost method. 3. Reissued 700 treasury shares for land valued at $ 31,600. 4. Issued 530 shares of preferred stock at $ 104 per share. 5. Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $ 47 per share. 6. Issued the stock dividend. 7. Declared the annual 2020 $ 10 per share dividend on preferred stock and the $2 per share dividend on common stock. These dividends are payable in 2021