The following information pertains to Ming Corp. at January $1,$ Year $2$:

Common stock, $$12$ par, $59,000$ shares authorized, $3,300$ shares issued and outstanding $ $39,600$

Paid$-$in capital in excess of par, common stock $123,600$

Retained earnings $123,600$

Ming Corp. completed the following transactions during Year $2$:

Issued $2,700$ shares of $$12$ par common stock for $$17$ per share.

Repurchased $1,700$ shares of its own common stock for $$20$ per share.

Resold $1,020$ shares of treasury stock for $$22$ per share.

Earned $$56,600$ of cash revenue.

Paid $$43,050$ of cash operating expenses.

Required

Prepare the stockholders$$ equity section of the year$-$end balance sheet.