The following information pertains to Ming Corp. at January $1,$ Year $2$: Common stock, $$10$ par, $37,000$ shares authorized, $2,700$ shares issued and outstanding Paid$-$in capital in excess of par, common stock Retained earnings $ $27,000120,400120,400$ Ming Corp. completed the following transactions during Year $2$: $1.$ Issued $2,700$ shares of $$10$ par common stock for $$15$ per share. $2.$ Repurchased $1,000$ shares of its own common stock for $$18$ per share. $3.$ Resold $600$ shares of treasury stock for $$20$ per share. $4.$ Earned $$65,500$ of cash revenue. $5.$ Paid $$33,100$ of cash operating expenses. Required Prepare the stockholders' equity section of the year$-$end balance sheet.