Stockholders' Equity section of balance sheet Instructions Accounts and Amount Descriptions Stockholders' Equity 0 Instructions Specialty Auto Racing Inc. Tetails 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 $9,805,000.00 1 Common Stock, 537 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 5 Preferred 1% Stock $150 par 6 Retained Earnings 7 Treasury Stock-Common 327,000.00 2.650,000.00 532,500.00 7,125,000.00 68,366,200.00 994,400.00 Fifty thousand shares of referred and 300,000 shares of common stock are authorized. There are 22,800 shares of common stock held as treasury stock Prepare the Stockholders'Equity section of the balance sheer as of Ay 31, the end of the current year, using Method of Exhibit 9. Refer to the lists of Accounts and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. All work saved Submit Test for Grading Instructions Accounts and Amount Descriptions Stockholders' Equity HI Stockholders' Equity Specialty Auto Racing Inc. Stockholders' Equity July 31, 20XX 1 Paid in capital 2 5 5 7 9 10 Previous Next > All work saved Submit Test for Grading