Specialty Auto Racing Inc. retails racing products for BMWs, Porsches, and Ferraris. The following accounts and their balances appear in the ledger of Specially Auto Racing on July 31. the end of the current year: $9.768.500.00 359,000.00 1 Common Stock, 535 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 5 Preferred 1% Stock 5150 PM 1,674,600.00 435,600.00 7.260,000.00 73,013600.00 Retained Earnings + Treasury Stock Common 903.000.00 Instructions Accounts and Amount Descriptions Stockholders' Equity 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 31, the end of the current year: 1 Common Stock, 535 par 2 Paid-In Capital from Sale of Treasury Stock-Common 3 Paid-In Capital in Excess of Par-Common Stock Paid-In Capital in Excess of Par-Preferred Stock Preferred 1% Stock, $150 par 6 Retained Earnings 7 Treasury Stock-Common $9,768,500.00 359,000.00 1,674,600.00 435,600.00 7,260,000.00 73,013,600.00 903,000.00 Fifty thousand shares of preferred and 300,000 shares of common stock are authorized. There are 21,000 shares of common stock held as treasury stock Instructions Stockholders' Equity July 31, 20XX 1 Pald-in capital: 2 3 4 5 6 9 10 All work saved dtv s A 80 F3 009 000 00 DU F4 F6 F2 FR $ A 3 4 % 5 & 7 6 8 8 9