Stockholders' Equity section of balance sheet Specialty Auta Racing Inc. retails racing products for BMW, Porsches, and Ferraris. The following accounts and their balances appear in the ledger of Specialty Auta Racing on luly 31, the end of the current year: Common Stock, $10 par $800,000 Pald-In Capital from Sale of Treasury Stock-Common 66,400 Paid-In Capital in Excess of Par-Cammon Stock 264.000 Pald-In Capital In Excess of Par-Preferred Stock 63,900 Preferred 4Stock. 550 par 1,065.000 Retained Earnings 2,553.900 Treasury Stock-Common 39.600 One hundred thousand shares of preferred and 400,000 shares of common stock are authorized. There are 3,600 shares of common stock held as treasury stock. Prepare the stockholders' Equity section of the balance sheet as of July 31, the end of the current year using Method I of Exhibit 9. Specialty Auto Racing Inc. Stockholders' Equity July 31, 20XX Pald-In Capital Preferred 4% Stock, $50 Par (100,000 Shares Authorized, 21,300 Shares Issued) Excess of Issue Price Over Par Paid-in capital, common stock - u o Treasury Stock 3.600 Shares at Cost) Total Paid-In Capital Total halli Total Stockholders' Equity