Waterway corporation has the following capital stock outstanding at December 21, 2020: 7% Preferred stock, $100 par value, 14,600 shares issued and outstanding $1,460,000 Common stock, no par, $10 stated value, 5000,000 shares authorized, 310,000 shares issued and outstanding 3,100,000. The preferred stock was issued at $130 per share. The common stock was issued at an average per share price $14. Prepare the paid-in capital section of the balance sheet at December 31, 2020