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( 1 ) Required information [ The following information applies to the questions displayed below. ] On June 3 0 , Sharper Corporation's stockholders' equity

(1)
Required information
[The following information applies to the questions displayed below.]
On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows before any stock
dividend or split. Sharper declares and immediately distributes a 50% stock dividend.
Assume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock split.
(1) Prepare the updated stockholders' equity section after the split.
(2) Compute the number of shares outstanding after the split.
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Prepare the updated stockholders' equity section after the split.
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