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Required information [The following information opplies to the questions displayed below] Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2024 , 150 shares of preferred stock and 2,200 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024: March 1 Issue 2,200 additional shares of comon stock for $17 per share, April1June1Issue150additionalsharesofpreferredstockfor$32pershare.Def June 1 Declare a cash dividend on both conmon and preferred stock of $0.68 per share to all June 30 stockholders of record on June 15. August 1 Pay the cash dividends declared on June 1. October 1 Rurchase 250 shares of common treasury stock for $14 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Preferred Stock, $1,500; Common Stock, \$2,200; Additional Paid-in Capital, \$18,700; and Retained Earnings, \$10,700, Net income for the year ended December 31,2024 , is $7,250. Taking into consideration the beginning balances on January 1, 2024 and all the transactions during 2024, respond to the following for Nautical: 2. Prepare the statement of stockholders' equity for the year ended December 31, 2024. (Amounts to be deducted should be indicated by a minus sign.)

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