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Yates Corporation has the following stockholders' equity accounts on January 1, 2018: Common Stock, $10 par value .
1 Sold 4,000 shares at $22 per share.
October 1 Sold 2,000 shares at $15 per share.
Prepare the Stockholders' equity section of the balance sheet for Yates Corporation at December 31, 2018. Assume net income was $110,000 for 2018.