Requirement 2. Prepare the stockholders' equity section of the KVIP - TV balance sheet at September 30,2024 , assuming KVIP - TV, Inc. had net income of $33,000 for the month. More info \begin{tabular}{|ll} \hline Sep. 6 & Issued575sharesofcommonstocktothepromoterswhoorganizedthecorporation,receivingcashof$17,250. \\ Sep. 12 & Issued 500 shares of preferred stock for cash of $30,000. \\ Sep. 14 & Issued 1,100 shares of common stock in exchange for land with a market value of $20,000. \\ \hline Assume KVIP - TV, Inc. had net income of $33,000 for the month. \\ \hline \end{tabular} Requirement 2. Prepare the stockholders' equity section of the KVIP - TV balance sheet at September 30,2024 , assuming KVIP - TV, Inc. had net income of $33,000 for the month. More info \begin{tabular}{|ll} \hline Sep. 6 & Issued575sharesofcommonstocktothepromoterswhoorganizedthecorporation,receivingcashof$17,250. \\ Sep. 12 & Issued 500 shares of preferred stock for cash of $30,000. \\ Sep. 14 & Issued 1,100 shares of common stock in exchange for land with a market value of $20,000. \\ \hline Assume KVIP - TV, Inc. had net income of $33,000 for the month. \\ \hline \end{tabular}