Required information (The following information applies to the questions displayed below.) HR Block Corporation was organized to operate a tax business. The charter authorized the following stock: common stock, $5 par value, 91,000 shares authorized. During the first year, the following selected transactions were completed: a. Sold 62,000 shares of common stock for cash at $45 per share. b. Repurchased 4,000 shares from a stockholder for cash at $47 per share. 1. 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 $220,000. (Amounts to be deducted should be indicated with a minus sign.) H&R Block CORPORATION Balance Sheet (Partial) At End of This Year Stockholders' equity: Contributed Capital: Total contributed capital Total stockholders' equity