retained earnings having problems with question(3)

Blue Company has two classes of capital stock outstanding: 7%, $ 20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. Preferred Stock 146.100 shares $ 2.922,000 Common Stock 1.982,000 shares 9,910,000 Paid-in Capital im Excess of ParPreferred Stock 199,000 Paid-in Capital in Excess of ParCommon Stock 26,630,000 Retained Earnings 4,454,000 The following transactions affected stockholders' equity during 2021. Jan 1 30,100 shares of preferred stock issued at $ 23 per share. Feb. 1 48,800 shares of common stock issued at $ 21 per share June 1 2-for-1 stock split (par value reduced to $ 2.50). July 1 28,700 shares of common treasury stock purchased at $ 10 per share. Blue uses the cost method. Sept. 15 9,400 shares of treasury stock reissued at $ 11 per share. Dec. 31 The preferred dividend is declared, and a common dividend of ble per share is declared Dec. 31 Net income is $ 2,093,000. Prepare the stockholders' equity section for Blue Company at December 31, 2021. (Enter account rama evly and do not provide descriptive information.) BLUE COMPANY Stockholders' Equity December 31, 2021 Capital Stock preferred stock 3524000 10154000 Common stock Total Capital Stock 13878000 Additional Pasidin Capital 24710800 Common stock $ 289300 preferred stock 9400 Very stock 27709500 Total Pain C 1 41367500 dessing Tour Paid in Ciputand Red Brings Total Stockholders' Equity $