P$14\mathrm{.}3($LO $1,2,3,4)($Equity Transactions and Statement Preparation$)$ Hatch Company has two classes of capital stock outstanding: $\backslash (8\backslash \%,\backslash$$ $20\backslash )$ par preferred and $\backslash (\backslash$$ $5\backslash )$ par common. At December $31,2025,$ the following accounts were included in stockholders' equity.

The following transactions affected stockholders' equity during $2026.$

Jan. $130,000$ shares of preferred stock issued at $\backslash (\backslash$$ $22\backslash )$ per share.

Feb. $150,000$ shares of common stock issued at $\backslash (\backslash$$ $20\backslash )$ per share.

June $12-$for$-1$ stock split $($par value reduced to $\backslash (\backslash$$ $2\mathrm{.}50\backslash )).$

July $130,000$ shares of common treasury stock purchased at $\backslash (\backslash$$ $10\backslash )$ per share. Hatch uses the cost method.

Sept. $1510,000$ shares of treasury stock reissued at $\backslash (\backslash$$ $11\backslash )$ per share.

Dec. $31$ The preferred dividend is declared, and a common dividend of $\backslash (50\backslash$phi $\backslash )$ per share is declared.

Dec. $31$ Net income is $\backslash (\backslash$$ $2,100,000\backslash ).$

Instructions

Prepare the stockholders' equity section for Hatch Company at December $31,2026.$ Show all supporting computations.