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 $2. During the year, the company earned $479,000 Also during the year, the following selected transactions occurred in the order given: a. Sold 84,000 shares of the common stock in an initial public offering at $13 cash per share. b. Repurchased 22,000 shares of the previously issued shares at $16 cash per share. c. Resold 2,000 of the shares of the treasury stock at $19 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.) UNITED RESOURCES COMPANY Balance Sheet (Partial) At December 31, This year Stockholders' equity: Contributed capital: Total contributed capital Total contributed capital and retained earnings Total stockholders' equity