Shamrock Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2017, the following accounts were included in stockholders equity.

Preferred Stock, 160,000 shares		$ 3,200,000
Common Stock, 2,000,000 shares		10,000,000
Paid-in Capital in Excess of ParPreferred Stock		200,000
Paid-in Capital in Excess of ParCommon Stock		26,000,000
Retained Earnings		24,000,000

The following transactions affected stockholders equity during 2018.

Jan. 1		30,000 shares of preferred stock issued at $25 per share.
Feb. 1		48,000 shares of common stock issued at $21 per share.
March 1		Issued the appropriate number of shares of common stock in connection with a 10% common stock dividend.when the common stock was selling for $10 per share.
June 1		Issued the appropriate number of shares of common stock in connection with a 2-for-1 stock split.
July 1		27,000 shares of common treasury stock purchased at $11 per share. Shamrock uses the cost method.
Sept. 15		10,000 shares of treasury stock reissued at $12 per share.
Oct. 15		7,000 shares of treasury stock reissued at $8 per share.
Dec. 31		The preferred dividend is declared, and a common dividend of 50 per share is declared.
Dec. 31		Net income is $2,000,000.

Prepare the stockholders equity section of Shamrock Companys December 31, 2018 balance sheet.

Total stockholders equity