Premium Imports Inc. retails racing products for BMWs, Porsches, and Ferraris. The following accounts and their...

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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: Common Stock, $10 par Paid-In Capital in Excess of Par Paid-In Capital from Treasury Stock Retained Earnings Treasury Stock $720,000 216,000 54,300 1,208,200 47,300 A total of 400,000 shares of common stock are authorized. There are 4,300 shares of common stock held as treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of November 30. Premium Imports Inc. Stockholders' Equity Section of the Balance Sheet November 30 Amount Amount Amount Line Item Description Paid-in capital: Total Total paid-in capital Total Total stockholders' equity 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: Common Stock, $10 par Paid-In Capital in Excess of Par Paid-In Capital from Treasury Stock Retained Earnings Treasury Stock $720,000 216,000 54,300 1,208,200 47,300 A total of 400,000 shares of common stock are authorized. There are 4,300 shares of common stock held as treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of November 30. Premium Imports Inc. Stockholders' Equity Section of the Balance Sheet November 30 Amount Amount Amount Line Item Description Paid-in capital: Total Total paid-in capital Total Total stockholders' equity