Bramble Corporation is authorized to issue 20,500 shares of $50 par value, 10% preferred stock and 120,000 shares of $5 par value common stock. On January 1, 2022, the ledger contained the following stockholders' equity balances. Preferred Stock (11,500 shares) $575,000 Paid-in Capital in Excess of Par-Preferred Stock 69,000 Common Stock (64,000 shares) 320,000 Paid-in Capital in Excess of Par--Common Stock 650,000 Retained Earnings 280,000 During 2022, the following transactions occurred. Feb. Mar. Julv Sept. 1 1 Dec. Dec. 1 31 Issued 1,800 shares of preferred stock for land having a fair value of $123,000. Issued 1,500 shares of preferred stock for cash at $70 per share. Issued 16,500 shares of common stock for cash at $8 per share. Issued 550 shares of preferred stock for a patent. The asking price of the patent was $31,500. Market price for the preferred stock was $71 and the fair value for the patent was indeterminable Issued 7.750 shares of common stock for cash at $8.50 per share. Net income for the year was $260,000. No dividends were declared. For Section I was not able to provide pictures but “prepare a stockholders equity section at December 31 2022 balance sheet” List of accounts: Assistance Use Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Allowance for Doubtful Accounts Bad Debts Expense Cash Common Stock Depreciation Expense Equipment Gain on Sale of Stock Income Summarv Income Tax Expense Income Tax Payable Insurance Expense Interest Expense Interest Payable Inventory Land Loss on Disposa of Plant Assets No Entry Notes Payable Organization Expense Paid-in Capital from Treasury Stock Paid-in Capital in Excess of Par-Common 5tock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Patents Preferred Stock Prepaid Expenses Prepaid Insurance Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Share Capital-Ordinary Share Capital-Preference Share Premium-Ordinary Share Premium-Preference Supplies Supplies Expense Treasury Stock Unearned Service Revenue Utilities Expense