Vaughn Company has two classes of capital stock outstanding: 9%, $20 par preferred and $5 par common. At December 31, 2017, the following accounts were included in stockholders equity.

Preferred Stock, 141,100 shares		$ 2,822,000
Common Stock, 1,979,000 shares		9,895,000
Paid-in Capital in Excess of ParPreferred Stock		194,000
Paid-in Capital in Excess of ParCommon Stock		26,547,000
Retained Earnings		4,497,000

The following transactions affected stockholders equity during 2018.

Jan. 1		27,400 shares of preferred stock issued at $22 per share.
Feb. 1		50,700 shares of common stock issued at $22 per share.
June 1		2-for-1 stock split (par value reduced to $2.50).
July 1		27,600 shares of common treasury stock purchased at $10 per share. Vaughn uses the cost method.
Sept. 15		9,500 shares of treasury stock reissued at $12 per share.
Dec. 31		The preferred dividend is declared, and a common dividend of 48 per share is declared.
Dec. 31		Net income is $2,134,000.

Prepare the stockholders equity section for Vaughn Company at December 31, 2018.