The following is a summary of all relevant transactions of Vicario Corporation since it was organized in 2012.

In 2012, 15,900 shares were authorized and 7,310 shares of common stock ($57 par value) were issued at a price of $64. In 2013, 1,980 shares were issued as a stock dividend when the stock was selling for $69. 360 shares of common stock were bought in 2014 at a cost of $74 per share. These 360 shares are still in the company treasury.

In 2013, 10,470 preferred shares were authorized and the company issued 5,710 of them ($100 par value) at $110. Some of the preferred stock was reacquired by the company and later reissued for $5,210 more than it cost the company.

The corporation has earned a total of $613,100 in net income after income taxes and paid out a total of $325,700 in cash dividends since incorporation.

Prepare the stockholders equity section of the balance sheet in proper form for Vicario Corporation as of December 31, 2014. Account for treasury stock using the cost method.