Waterway Company has two classes of capital stock outstanding: 9%, $20 par preferred and $5 par common. At December 31, 2025, the following accounts were included in stockholders' equity. Preferred Stock, 149,800 shares $2,996,000 Common Stock, 2,026,000 shares 10,130,000 Paid-in Capital in Excess of Par-Preferred Stock 195,000 Paid-in Capital in Excess of Par-Common Stock 27,225,000 Retained Earnings 4,572,000 The following transactions affected stockholders' equity during 2026. Jan. 1 31,800 shares of preferred stock issued at $23 per share. Feb. 1 54,400 shares of common stock issued at $19 per share. June 1 July 1 Sept. 15 Dec. 31 2-for-1 stock split (par value reduced to $2.50). 27,600 shares of common treasury stock purchased at $10 per share. Waterway uses the cost method. 10,300 shares of treasury stock reissued at $11 per share. The preferred dividend is declared, and a common dividend of 45 per share is declared. Dec. 31 Net income is $2,075,000. Prepare the stockholders' equity section for Waterway Company at December 31, 2026. (Enter account name only and do not provide descriptive information.) WATERWAY COMPANY Stockholders' Equity 69 +A $