Witt Corporation received its charter during January of this year. The charter authorized the following stock: Preferred stock: 10 percent, $13 par value, 22,400 shares authorized Common stock: $11 par value, 50,900 shares authorized During the year, the following transactions occurred in the order given: a. Issued a total of 39,000 shares of the common stock at $15 cash per share. b. Sold 6,800 shares of the preferred stock at $19 cash per share. c. Sold 4,100 shares of the common stock at $18 cash per share and 1,200 shares of the preferred stock at $29 cash per share. d. Net income for the year was $51,000. Required: Prepare the stockholders' equity section of the balance sheet at the end of the year. Use exact numbers please