Required information [The following information applies to the questions displayed below.] Worldwide Company obtained a charter from the state In January that authorized 200,000 shares of common stock. $10 par value. During the first year, the company earned $38.000 and the following selected transactions occurred in the order given: a. Issued 58,000 shares of the common stock at $12 cash per share. b. Reacquired 1.800 shares at $15 cash per share from stockholders; the shares are now held in treasury. C. Reissued 900 of the shares in transaction (b) two months later at $18 cash per share. Prepare the stockholders' equity section of the balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign.) TIP. Because this is the first year of operations. Retained Earnings has a zero balance at the beginning of the year. WORLDWIDE COMPANY Balance Sheet (Partial) At December 31 Stockholders' Equity Contributed Capital: Total Contributed Capital Total Total Stockholders' Equity