The stockholders’ equities of Pop Corporation and Son Corporation at January 1 were as follows (in thousands):

On January 2, Pop issued 300,000 of its shares with a market value of $20 per share for all of Son’s shares, and Son was dissolved. On the same day, Pop paid $10,000 to register and issue the shares and $20,000 for other direct costs of combination.

REQUIRED : Prepare the stockholders’ equity section of Pop Corporation’s balance sheet immediately after the acquisition on January 2.