Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has $100,000$ shares of common stock outstanding as of the beginning of $2024.$ Power Drive has the following transactions affecting stockholders' equity in $2024.$

March $1$ Issues $63,000$ additional shares of $$1$ par value common stock for $$60$ per share.

May $10$ Purchases $5,800$ shares of treasury stock for $$63$ per share.

June $1$ Declares a cash dividend of $$1\mathrm{.}90$ per share to all stockholders of record on June $15.($Hint: Dividends are not paid on treasury stock.$)$

July $1$ Pays the cash dividend declared on June $1.$

October $21$ Resells $2,900$ shares of treasury stock purchased on May $10$ for $$68$ per share.

Power Drive Corporation has the following beginning balances in its stockholders' equity accounts on January $1,2024$: Common Stock, $$100,000$; Additional Paid$-$in Capital, $$5,300,000$; and Retained Earnings, $$2,800,000.$ Net income for the year ended December $31,2024,$ is $$680,000.$

Required:

Prepare the stockholders' equity section of the balance sheet for Power Drive Corporation as of December $31,2024.$

Note: Amounts to be deducted should be indicated by a minus sign.