The Clothing Cove has two classes of stock authorized: $7\%,$$$10$ par preferred, and $$1$ par value common. The following transactions affect stockholders' equity during $2024,$ its first year of operations:

$\backslash$table$[[\backslash$table$[[$January $2],[$February $6],[$September $10],[$December $15]],\backslash$table$[[$Issues $100,000$ shares of common stock for $$24$ per share.$],[$Issues $1,900$ shares of $7\%$ preferred stock for $$13$ per share.$],[$Purchases $12,000$ shares of its own common stock for $$29$ per share.$],[$Resells $6,000$ shares of treasury stock at $$21.]]]]$

In its first year of operations, The Clothing Cove has net income of $$149,000$ and pays dividends at the end of the year of $$94,000($ $$1$ per share$)$ on all common shares outstanding and $$1,330$ on all preferred shares outstanding.

Required:

Prepare the stockholders' equity section of the balance sheet for The Clothing Cove as of December $31,2024.($Amounts to be deducted should be indicated by a minus sign.$)$

$\backslash$table$[[$THE CLOTHING COVE$],[$Balance Sheet$],[($Stockholders$\text{'}$ Equity Section$)],[$December $31,2024],[$Stockholders$\text{'}$ equity:$],[$Common stock,$*,$$$,100,000$