Stockholders' Equity Section of Balance Sheet Premium Imports Inc. retails racing products for BMWs. Porsches, and Ferraris. The following accounts and their balances appear in the fedger of Premium Imports inc, on November 30 , the end of the current year: Fifty thousand shares of preferred and 200,000 shares of common stock are authorized. There are 4,900 shares of common stock held as treasury stock. Prepare the Stockhoiders' Equity section of the balance sheet as of November 30 , the end of the current yeor