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Check 3 The stockholders' equity section of Jun Co's balance sheet as of April 1 follows On April 2, Jun declares and distributes a 10%

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Check 3 The stockholders' equity section of Jun Co's balance sheet as of April 1 follows On April 2, Jun declares and distributes a 10% stock dividend. The stock's per share market value on April 2 is $20 (prior to the dividend) Comon stock-$5 par value, 375,000 shares authorised, 200,000 shares lased and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,000,000 600,000 033,000 62,435.000 took Prepare the stockholders' equity section immediately after the stock dividend is distributed ences $ 100.000 JUN CO. Stockholders' Equity April 2 (after stock dividend) Common stock Paid in capital in excess of par value, common stock Total paid.in capital Retained earnings Total stockholders' equity 100,000 $ 100,000

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