United Resources Company obtained a charter from the state in January of this year. The charter authorized 206,000 shares of cammon stack with a par value of $3. During tha yesr, the company esrned $491,000 Also during the year, the following selected transactions occurred in the order given a. Sold 94,000 shares of the common stock in an initial public offering at $19 cash per share. b. Repurchased 21,000 shares of the previously issued shares at $22 cash per share c. Resold 8,000 of the shares of the treasury stock at $25 cash per share Required: Prepare the stockholdersaquity section of the balance sh et at th 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 Stackholders equity: Contributed capital: Tolal contributed capital Tokal oontributed capital and relained earnings Tolal stockhldes equity