'Stockholders' Equity" section of balance sheet Specialty Auto Racing Inc, retalls racing products for ENWW, Porsches, and Ferraris. The following accounts and their balances appear in the ledger of Speclalty. Auto facing on July 31 , the end of the current year: Firty thousand shares of preferred and 200,000 shares of common gtock are authorized. There art 3,300 stores of cominon 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 Mathod 1 of tahit 9 Specialty Auto Racing Inc. Stockholders' Equity July 31,20XX Paid-In Capital: Total Paid-In Capital Total Total Stockholders' Equity