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Nautical has two classes of stock authorized: $$10$ par preferred, and $$1$ par value common. As of the beginning of $2024,100$ shares of preferred stock and $2,000$ shares of common stock have been issued. The following transactions affect stockholders' equity during $2024$:

March $1$ Issue $2,000$ additional shares of common stock for $$15$ per share.

April $1$ Issue $200$ additional shares of preferred stock for $$30$ per share.

June $1$ Declare a cash dividend on both common and preferred stock of $$0\mathrm{.}50$ per share to all stockholders June $30$ of record on June $15.$

Aungust $30$ Pay the cash dividends declared on June $1.$

August $1$ Purchase $200$ shares of common treasury stock for $$12$ per share.

October $1$ Resell $100$ shares of treasury stock purchased on August $1$ for $$14$ per share.

Nautical has the following beginning balances in its stockholders' equity accounts on January $1,2024$: Preferred Stock, $$1,000$; Common Stock, $$2,000$; Additional Paid$-$in Capital, $$18,500$; and Retained Earnings, $$10,500.$ Net income for the year ended December $31,2024,$ is $$7,150.$

Taking into consideration the beginning balances on January $1,2024$ and all the transactions during $2024,$ respond to the following for Nautical:

Required:

Prepare the stockholders' equity section of the balance sheet as of De$$ember $31,2024.($Amounts to be deducted should be indicated by a minus sign.$)$

$\backslash$table$[[$NAUTICAL$],[$Balance Sheet$],[($Stockholders$\text{'}$ Equity Section$)],[$December $31,2024],[$Stockholders$\text{'}$ equity:,$],[$Preferred stock,$],[$Additional paid$-$in capital,$],[$Common stock,$],[,],[$Total paid$-$in capital,$],[$Treasury stock,$],[$Retained earnings,$]]$