Required information The following formation applies to the questions displayed below! Nautical has two classes of stock authorized $10 par preferred and $1 par value common As of the beginning of 2021, 100 shares of preferred stock and 1800 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021 Purch Issue 1.000 additional shares of common stock for $17 per share. April 1 Issue 200 additional shares of preferred stock for $28 per share. June 1 Declare a cash dividend on both common and preferred stock of 50.00 per share to all stockholders of record on June 35. Sue Pay the cash dividends declared on June 1 August 1 Purchase 200 shares of como treasury stock for $14 per share. October 1 Resel1 100 shares of treasury stock purchased on dogus 1 for $10 per share Nautical as the following beginning balances in its stockholders equity accounts on January 1, 2021. Preferred Stock S1000, Common Stock, 51800, Additional Paid in Capital 518 300, and Retained Earnings, $10,300 Net Income for the year ended December 31, 2021, is 57050 Taking into consideration the beginning balances on January 1, 2021 and all the transactions during 2021. respond to the following for Nicat Required: 1. Prepare the stockholders' equity section of the balance sheet as of December 31, 2021 (Amounts to be deducted should be indicated by o minos sign)