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 , 150 shares of preferred stock and 1,300 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024: March 1 Issue 1,300 additional shares of comnon stock for $13 per share. April 1 Issue 150 additional shares of preferred stock for $23 per share. June 1 Declare a cash dividend on both comnon and preferred stock of $0.40 per share to atl stockholders June 30 Pay the cash dividends declared on June 1 . August 1 Purchase 250 shares of common treasury stock for $10 per share. October 1 Resell 150 shares of treasury stock purchased on August 1 for $12 per share. Nautical has the following beglining balances in its stockholders' equity accounts on January 1, 2024: Preferred Stock, \$1,500; Common Stock, \$1,300; Additional Paid-in Capital, \$17,800; and Retained Earnings, \$9,800. Net income for the year ended December 31,2024 , is $6,800. Taking into consideration the beginning balances on January 1, 2024 and all the transactions during 2024, respond to the following for Nautical: 2. Prepare the statement of stockholders' equity for the year ended December 31, 2024. (Amounts to be deducted should be ndicated by a minus sign.)