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Bramble Corp.'s stockholders' equity section at December 31, 2019, appears below: Stockholder's equity Paid-in capital Common stock, $10 par, 66,000 outstanding $660,000 Paid-in capital in

Bramble Corp.'s stockholders' equity section at December 31, 2019, appears below:

Stockholder's equity
Paid-in capital
Common stock, $10 par, 66,000 outstanding $660,000
Paid-in capital in excess of par 176,000
Total paid-in capital $836,000
Retained earnings 154,000
Total stockholder's equity $990,000

On June 30, 2020, the board of directors of Bramble Corp. declared a 15% stock dividend, payable on July 31, 2020, to stockholders of record on July 15, 2020. The fair value of Bramble Corp.s stock on June 30, 2020, was $16. On December 1, 2020, the board of directors declared a 2-for-1 stock split effective December 15, 2020. Bramble Corp.s stock was selling for $18 on December 1, 2020, before the stock split was declared. Par value of the stock was adjusted. Net income for 2020 was $226,000 and there were no cash dividends declared.

a) Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split.:

b) determine the amounts that would appear in the stockholders equity section for bramble corps at fiscal year end, December 31, 2019, for the following items:

1. common stock

2. number of shares outstanding

3. par value per share

4. paid-in capital in excess of par

5. retained earnings

6. total stockholders' equity

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