Required information [The following information 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 2024 . 125 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 3,000 additional shares of common atock for $10 per ahare. April 1 Issue 175 additional whares of preferred stock for $40 per ahare. June 1 Declare a cash dividend on both common and preferred atook of 50.25 per ahare to all stoekholders of record on June 15 . June 30 pay the canb dividends declared on June 1. Auguat 1 purchase 175 shares of common treasury atock for $7 per share. Ootober 1 lonell 125 shares of treanury atock purchased on Auguat 1 for $9 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2024; Preferred Stock, $1,250; Common Stock, $3,000; Additional Paid-in Capital, \$19,500; and Retained Earnings, $11,500. Net income for the year ended December 31, 2024, is $7,650. Taking into consideration the beginning balances on January 1,2024 and all the transactions during 2024, respond to the following for Nautical: Prepare the statement of stockholders' equity for the year ended December 31, 2024. (Amounts to be deducted should be dicated by a minus sign.)