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eBook Calculator Stockholders' Equity section of balance sheet Instructions Specialty Auto Racing Inc. retails racing products for BMWs, Porsches, and Ferraris. The following accounts and

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eBook Calculator Stockholders' Equity section of balance sheet Instructions 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 Inc. on July 31, the end of the current year: 1Common Stock, $36 par 2 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 Preferred 1% Stock, $150 par Retained Earnings $10,080,000.00 340,000.00 420,000.00 384,000.00 7200,000.00 71,684,000.00 1,008,000.00 4 s 7 Treasury Stock-Common

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