7 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. Part 2 of 2 Connon tock-$10 par value, 120,000 shares authorised, 36.000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earninga Total stockholders equity $ 60,000 380,000 750.000 $1,990,000 148 points 900 Fom Assume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock split. Required: (1) Prepare the updated stockholders' equity section after the split (2) Compute the number of shares outstanding after the split Print Complete this question by entering your answers in the tabs below. Required Required 2 Prepare the updated stockholders' equity section after the split SHARPER CORPORATION stockholders willytection of the lance Sheet June 30