Stockholders Equity section of balance sheet Accounts and Amount Descriptions Stockholders' Equity Specialty Auto Racing Inc. retails racing products for BMWs, Porsches, and Ferraris. The folowing accounts and their balances appear in the ledger of Speciality Auto Racing Inc. on July 31, the end of the current year 1Common Stock. $32 par 2 Paid-In Capital from Sale of Treasury Stock-Common s Paid-In Capital in Excess of Par-Common Stock 4 Paid-In Capital in Excess of Par-Preferred Stock s : Preferred 1% Stock, $150 par 6 Retained Earnings Treasury Stock-Common 58,880,000.00 348,000.00 2.497.500.00 489,00000 7.335.000.00 72.425,50000 044,900.00 are authorized There are 24,300 shares of common stock held as treasury. stock Fifty thousand shares of greterred and 300,000 shares of common stock PreviousNext ahadk abr work5 more Check My Work uses remaining