Printem EETAL EETAL EETAL Stockholders' Equity section of balance sheet Specialty Auto Racing Inc. retails racing products for BMW, 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: Common Stock, $10 par $630,000 Paid-In Capital from Sale of Treasury Stock-Common 51,300 Paid-in Capital in Excess of Par-Common Stock 204,000 Paid-In Capital in Excess of Par-Preferred Stock 68,700 Preferred 4% Stock, $50 par 1,145,000 Retained Earnings 2,621,800 Treasury Stock-Common 42,900 One hundred thousand shares of preferred and 400,000 shares of common stock are authorized. There are 3,900 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. Specialty Auto Racing Inc. Stockholders' Equity July 31, 20XX Paid-in Capital Total din Capital Total Stockholders' Equity