The stockholders' equity accounts of Concord Corporation on January 1, 2022, were as follows. $360,000 1,300,000 Preferred Stock (8%, $48 par, 11.000 shares authorized) Common Stock ($1 stated value, 2,100,000 shares authorized) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (10,500 common shares) 150,000 1,450,000 1.850,000 52.500 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity Feb. 1 Apr 14 Sept 3 Issued 24,000 shares of common stock for $118.000 Sold 5,500 shares of treasury stock-common for $33,800, Issued 4,900 shares of common stock for a patent valued at $35,100 Purchased 1,000 shares of common stock for the treasury at a cost of $6,100. Determined that net income for the year was $475,000 Nov. 10 Dec 31 Nadu Preferred Stock Date Explanation Ref. Debit Credit Balance Balance Common Stock Date Explanation Ref. Debit Credit Balance Balance 15 35 Paid-in Capital in Excess of Par-Preferred Stock Date Explanation Ref. Debit Credit Balance Balance Paid-in Capital in Excess of Stated Value-Common Stock Paid-in Capital in Excess of Stated Value-Common Stock Date Explanation Ref. Debit Credit Balance V Balance 15 35 Paid-in Capital from Treasury Stock Date Explanation Ref. Debit Credit Balance 35 Retained Earnings Date Explanation Ref. Debit Credit Balance Balance 35 Treasury Stock Date Explanation Ref. Debit Credit Balance 35 Debit Credit Treasury Stock Date Explanation Ref. Balance Balance 35 J5 Prepare a stockholders' equity section at December 31, 2022. (Enter the account name only and do not provide the descriptive information provided in the question) CONCORD CORPORATION Balance Sheet (Partial) $ $ $ C