United Resources Company obtained a charter from the state in January of this year. The charter authorized 208,000 shares of common stock with a par value of $1. During the year, the company earned $493,000 Also during the year, the following selected transactions occurred in the order given: a. Sold 89,000 shares of the common stock in an initial public offering at $15 cash per share. b. Repurchased 27,000 shares of the previously issued shares at $18 cash per share. c. Resold 6,000 of the shares of the treasury stock at $21 cash per share. Required: Prepare the stockholders' equity section of the balance sheet at the end of the year. (Amounts to be deducted should be indicated with a minus sign.)