Problem 15-3 Indigo Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2017, the following accounts were included in stockholders' equity. Preferred Stock, 148,200 shares Common Stock, 1,991,000 shares Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of ParCommon Stock Retained Earnings $ 2,964,000 9,955,000 207,000 26,478,000 4,495,000 The following transactions affected stockholders' equity during 2018. Jan. 1 Feb. 1 June 1 July 1 Sept. 15 Dec. 31 Dec. 31 29,200 shares of preferred stock issued at $23 per share. 46,100 shares of common stock issued at $21 per share. 2-for-1 stock split (par value reduced to $2.50). 28,900 shares of common treasury stock purchased at $10 per share. Indigo uses the cost method. 9,200 shares of treasury stock reissued at $12 per share. The preferred dividend is declared, and a common dividend of 53 per share is declared. Net income is $2,138,000. Prepare the stockholders' equity section for Indigo Company at December 31, 2018. (Enter account name only and do not provide descriptive information.) INDICULUMPAI Stockholders' Equity December 31, 2018 Capital Stock Preferred Stock Common Stock Additional Paid-in Capital Additional Paid-in Capital Paid-in Capital in Excess of Par - Preferred Stock Paid-in Capital in Excess of Par - Common Stock Paid-in Capital from Treasury Stock Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less Paid-in Capital in Excess of Par - Preferred Stock Paid-in Capital in Excess of Par - Common Stock Paid-in Capital from Treasury Stock Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings A Less A. Treasury Stock Total Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work