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Current Attempt in Progress Larkspur, Inc, reported the following balances at December 31, 2021: common stock 5401,000 , paid-in Capital in Excess of Parcommon stock $101,000, and retained earnings $244,000 During 2022 , the following transactions affected stockholders' equity. 1. Issued preferred stock with a par value of $123,000 for $195,000. 2. Purchased treasury stock (common) for $39,000. 3. Earned net income of $136,000. 4. Declared and paid cash dividends of $50,500. Prepare the stockholders' equity section of Larkspur, Incis December 31,2022, balance sheet. 5 5 efcutbool and Merdia