Yower Drive Corporation designs and produces a line of golt equipment and golt apparel. Power Urive has $100,000$ shares of common stock outstanding as of the beginning of $2026.$ Power Drive has the following transactions affecting stockholders' equity in $2026.$Power Drive Corporation has the following beginning balances in its stockholders' equity accounts on January $1,2026$: Common Stock, $$100,000$; Additional Paid$-$in Capital, $$3,500,000$; and Retained Earnings, $$1,000,000.$ Net income for the year ended December $31,2026,$ is $$500,000.$Required:Prepare the stockholders' equity section of the balance sheet for Power Drive Corporation as of December $31,2026.$Note: Amounts to be deducted should be indicated by a minus sign.Answer is complete but not entirely correct.

$\backslash$table$[[$POWER DRIVE CORPORATION$],[$Balance Sheet$],[($Stockholders$\text{'}$ Equity Section$)],[$December $31,2026],[$Stockholders$\text{'}$ Equity:,,$],[$Common Stock,$$,145,000$