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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
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The following information applies to the questions displayed below.
On June 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 stock dividend.
Assume that instead of distributing a stock dividend, Sharper did a for stock split.
Prepare the updated stockholders' equity section after the split.
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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