{The following information applies to the questions displayed below) Williamson Corporation was organized to operate a tax preparation business. The charter authorized the following stock: common stock, $4 par value, 81,000 shares authorized. During the first year, the following selected transactions were completed: a. Sold 69,000 shares of common stock for cash at $42 per share. b. Repurchased 6,000 shares from a stockholder for cash at $44 per share. 2. Prepare the stockholders' equity section of the balance sheet at the end of the year. Assume retained earnings at the end of the year was $240,000. (Amounts to be deducted should be indicated with a minus sign.) WILLIAMSON CORPORATION Balance Sheet (Partial) Ar End of This Year Stockholders equity Contributed Capital Total contributed capital Total stockholders' equity