Stockholders Equity section of balance sheet

Specialty Auto Racing Inc. retails racing products for BMWs, 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:

Common Stock, $10 par	$760,000
Paid-In Capital from Sale of Treasury Stock-Common	57,300
Paid-In Capital in Excess of Par-Common Stock	228,000
Paid-In Capital in Excess of Par-Preferred Stock	74,400
Preferred 4% Stock, $50 par	1,240,000
Retained Earnings	2,878,800
Treasury Stock-Common	46,200

One hundred thousand shares of preferred and 400,000 shares of common stock are authorized. There are 4,200 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 1 of Exhibit 9.

Specialty Auto Racing Inc.
Stockholders' Equity
July 31, 20XX
Paid-In Capital:
	$fill in the blank 2
	fill in the blank 4
		$fill in the blank 6
	$fill in the blank 8
	fill in the blank 10
		fill in the blank 12
		fill in the blank 14
Total Paid-In Capital			$fill in the blank 15
			fill in the blank 17
Total			fill in the blank 18
			fill in the blank 20
Total Stockholders' Equity			$fill in the blank 21