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Teal Company has two classes of capital stock outstanding:8%, $20par preferred and $5par common. At December 31, 2020, the following accounts were included in stockholders'

Teal Company has two classes of capital stock outstanding:8%, $20par preferred and $5par common. At December 31, 2020, the following accounts were included in stockholders' equity.

Preferred Stock,149,400shares $2,988,000
Common Stock,2,019,000shares 10,095,000
Paid-in Capital in Excess of ParPreferred Stock 206,000
Paid-in Capital in Excess of ParCommon Stock 26,815,000
Retained Earnings 4,485,000

The following transactions affected stockholders' equity during 2021.

Jan. 1 31,100shares of preferred stock issued at $24per share.
Feb. 1 50,500shares of common stock issued at $21per share.
June 1 2-for-1 stock split (par value reduced to $2.50).
July 1 32,900shares of common treasury stock purchased at $11per share. Teal uses the cost method.
Sept. 15 9,000shares of treasury stock reissued at $12per share.
Dec. 31 The preferred dividend is declared, and a common dividend of52 per share is declared.
Dec. 31 Net income is $2,078,000.

Prepare the stockholders' equity section for Teal Company at December 31, 2021. (Enter account name only and do not provide descriptive information.)

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