Blank option 1 (cash, preferred 1% stock 150 Par, retained earnings, treasury common stock

Blank option 2 (Cash, excess of issue price over par, from sale of treasury stock, retained earnings, treasury common stock

Blank option 3 ( cash, paid in capital( preferred stock), retained earnings, treasury common stock,

blank option 4 (cash, common stock, retained earnings, treasury common stock

blank option 5 (cash, common stock $8 par, excess of issue price over par, retained earrings, treasury common stock

blank option 6 ( cash, paid in capital,( common stock), from sale of Treasury stock, retained earnings, treasury common stock,

blank option 7 (cash, common stock ($36 par), from sale of treasury stock, preferred 1% stock, treasury common stock

blame option 8 (excess of issue price over par, from sale of treasury stock, preferred 1% stock, retained earnings, treasury common stock,

blank option 9 ( treasury common stock, excess of issue price over par, preferred 1% stock, retained earnings)

"Stockholders' Equity" Section of Balance Sheet Specialty Auto Racing Inc. retails racing products for BMWs, Porsches, and Ferraris. The following accounts and their balances appear in the ledger of Specialty Auto Racing on July 31, the end of the current year: $10,080,000 340,000 Common Stock, $36 par Paid-In Capital from Sale of Treasury Stock-Common Paid-In Capital in Excess of Par-Common Stock Paid-In Capital in Excess of Par-Preferred Stock 420,000 384,000 Preferred 1% Stock, $150 par 7,200,000 71,684,000 Retained Earnings Treasury Stock-Common 1,008,000 Fifty thousand shares of preferred and 300,000 shares of common stock are authorized. There are 24,000 shares of common stock held as treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of July 31, the end of the current year, using Method 1 of Exhibit 9. Prepare the "Stockholders' Equity" section of the balance sheet as of July 31, the end of the current year, using Method 1 of Exhibit 9. Specialty Auto Racing Inc. Stockholders' Equity July 31, 20xx Paid-In Capital: Preferred 1% Stock, $ 150 Par (50,000 Shares Authorized, 48,000 Shares Issued) 7,200,000 Excess of Issue Price Over Par $ Total Paid-In Capital Total Total Stockholders' Equity