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B aiviaena or split. Snarper deciares and immediately distributes a 50% Stock dividena. Common stock-$10 par value, 120,000 shares authorized, 72,000 shares issued and outstanding

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B aiviaena or split. Snarper deciares and immediately distributes a 50% Stock dividena. Common stock-$10 par value, 120,000 shares authorized, 72,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity of 2 $ 720,000 310,000 715,000 $1,745,000 Exercise 13-6 Large stock dividend LO P2 Dok Required: (1) Prepare the updated stockholders' equity section after the distribution is made. (2) Compute the number of shares outstanding after the distribution is made. nt Complete this question by entering your answers in the tabs below. int Required 1 Required 2 ences Compute the number of shares outstanding after the distribution is made. Number of common shares outstanding B aiviaena or split. Snarper deciares and immediately distributes a 50% Stock dividena. Common stock-$10 par value, 120,000 shares authorized, 72,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity of 2 $ 720,000 310,000 715,000 $1,745,000 Exercise 13-6 Large stock dividend LO P2 Dok Required: (1) Prepare the updated stockholders' equity section after the distribution is made. (2) Compute the number of shares outstanding after the distribution is made. nt Complete this question by entering your answers in the tabs below. int Required 1 Required 2 ences Compute the number of shares outstanding after the distribution is made. Number of common shares outstanding

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