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b) Prepare the shareholders' equity section of balance sheet as at June 30,2020 (after the stock dividend has been distributeof. Jake me to the text

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b) Prepare the shareholders' equity section of balance sheet as at June 30,2020 (after the stock dividend has been distributeof. Jake me to the text On June 30, 2020, EFG Corporation's shareholders' equity section shows the fallowing balances. Denot enter dollar signs of commas in the innut boxes. Scenario 1 On June 30, 2020, after preparing the shareholders' equity section shown above, the company deciared and immediately distributed a 90% stock dividend. The marke price on the date of declaration was \$6. The company recorded the stock dividends by debiting retained earnings: a) Calculate the ending balance of retained earnings after the stock dividend. b) Prepare the shareholders' equity section of balance sheet as at June 30,2020 (after the stock dividend has been distributed)

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