Required information [The following information applies to the questions displayed below.] Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2024,200 shares of preferred stock and 3,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024: March 1 Issue 1,000 shares of common stock for $32 per share. May 15 Purchase 600 shares of treasury btock for $25 per share. Jaly 10 Resell 100 shares of treasury stock purchased on May 15 for $30 per share. october 15 Issue 100 shares of preforred stock for $35 per share. December 1 Declare a cash dividend on both comnon and preferred stock of $0.75 per share to all stockholders of record on December 15. (Hint Dividends are not paid on treasury stock.) December 31 pay the cash dividends declared on December 1. Donnie Hilfiger has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Preferred Stock, $200; Common Stock, $30; Additional Paid-in Capital, $66,000; and Retained Earnings, \$25,500. Net income for the year ended December 31, 2024, is $9,800. Taking into consideration the beginning balances on January 1, 2024 and all the transactions during 2024 , respond to the following for Donnie Hilifiger: 2. Prepare the statement of stockholders' equity for the year ended December 31, 2024. (Amounts to be deducted should be indicated by a minus sign.) indicated by a minus sign.)