Tandy, Incorporated, was issued a charter on January 15, 2011, that authorized the following capital stock:

Common stock, no-par, 107,000 shares

Preferred stock, 5 percent, par value $11 per share, 5,900 shares

The board of directors established a stated value on the no-par common stock of $13 per share. During2011, the following selected transactions were completed in the order given:

a.	Sold and issued 21,400 shares of the no-par common stock at $22 cash per share.
b.	Sold and issued 1,400 shares of preferred stock at $26 cash per share.
c.	At the end of 2011, the accounts showed net income of $41,100.

Required:

1.	Prepare the stockholders equity section of the balance sheet at December 31, 2011.(Record the transactions in the given order. Omit the "$" sign in your response.)

Stockholders Equity
Contributed capital:
(Click to select)Preferred stockCommon stockRetained earningsTreasury stockCapital in excess of par, preferredCapital in excess of stated value, no-par common	$
(Click to select)Capital in excess of par, preferredTreasury stockCommon stockRetained earningsCapital in excess of stated value, no-par commonPreferred stock
(Click to select)Treasury stockRetained earningsPreferred stockCapital in excess of stated value, no-par commonCommon stockCapital in excess of par, preferred
(Click to select)Preferred stockRetained earningsTreasury stockCapital in excess of par, preferredCapital in excess of stated value, no-par commonCommon stock
Total contributed capital
(Click to select)Capital in excess of stated value, no-par commonRetained earningsPreferred stockCommon stockCapital in excess of par, preferredTreasury stock
Total stockholders' equity	$