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eBook Stockholders' Equity section of balance sheet Specialty Auto Racing Ine. retalls racing products for Bmws, Porsches, and Ferraris. The following secounts and their balances appear in the lodger of Specialty Auto Racing on July 31, the end of the current years Common Stock, $10 par 680,000 Paid-in Capital from Sale of Treasury Stock Common 51,300 Pald-in Capital in Excess of Par Common Stock 204,000 Paid In Capital in Excess of Par. Preferred Stock 91.500 Preferred 4% Stock, 550 par 1.525,000 Retained Earnings 3,113,200 Treasury Stock Common 57,200 One hundred thousand shares of preferred and 400,000 shares of common stock are authorired. There are 5,200 shares of common stock held stresurystock Prepare the Stockholders Equity section of the balance sheet as of July 31, the end of the current year using Method of the Specialty Auto Racing Inc. Stockholders' Equity July 31, 20xx Paid-In Capital DI DI Treasury Stock-Common 57,200 One hundred thousand shares of preferred and 400,000 shares of common stock are authorized. There are 5,200 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 I of Exhibit 9. Specialty Auto Racing Inc. Stockholders' Equity July 31, 20xx Pald-In Capital: 10 Total Paid In Capital Total Total Stockholders' Equity et) Previous