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 ledger of Premium Imports Inc. on November 30 , the end of the current fiscal year: Shares authorized are Fifty thousand of preferred and 200,000 shares of common stock. There are 3,200 shares of common stock held treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of November 30. Treasury Stock-Common Shares authorized are Fifty thousand of preferted and 200,000 shares of common stock. There are 3,200 shares of common stock held treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of November 30. 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 ledger of Premium Imports Inc. on November 30 , the end of the current fiscal year: Shares authorized are Fifty thousand of preferred and 200,000 shares of common stock. There are 3,200 shares of common stock held treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of November 30. Treasury Stock-Common Shares authorized are Fifty thousand of preferted and 200,000 shares of common stock. There are 3,200 shares of common stock held treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of November 30