The stockholders' equity section of makoto corporation's balance sheet at december 31, 2016, appears below:

stockholders' equity
paid-in capital
common stock, $10 par value, 400,000 shares authorized; 250,000 issued and outstanding $2,500,000
paid-in capital in excess of par 1,200,000
total paid-in capital 3,700,000
retained earnings 600,000
total stockholders' equity $4,300,000
during 2017, the following stock transactions occurred:

jan. 18 issued 50,000 shares of common stock at $32 per share.
aug. 20 purchased 25,000 shares of makoto corporation's common stock at $26 per share to be held in the treasury.
nov. 5 reissued 9,000 shares of treasury stock for $28 per share. -
prepare the stockholders' equity section of the balance sheet for makoto corporation at december 31, 2017. assume that net income for the year was $100,000 and that no dividends were declared.