The stockholders’ equity section of Jun Company’s balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 10% stock dividend. The stock’s per share market value on April 2 is $20 (prior to the dividend). Prepare the stockholders’ equity section irmnediately after the stock dividend

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Common stock-$5 par value, 375,000 shares authorized, 200,000 shares issued and outstanding. $1,000,000 Paid-in capital in excess of par value, common stock 600,000 Retained earnings 833,000 Total stockholders' equity $2,433,000