Check my work The stockholders' equity section of Jun Co.'s balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 15% stock dividend. The stock's per share market value on April 2 is $20 (prior to the dividend). Common stock-$5 par value, 405,000 shares authorized, 215,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,075,000 520,000 848,000 $2,443,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed 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 1,003,750 1.917,500 The stockholders' equity section of Jun Co.'s balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 15% stock dividend. The stock's per share market value on April 2 is $20 (prior to the dividend). Common stock-$5 par value, 405,000 shares authorized, 215,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,075,000 520,000 848,000 $2,443,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed. 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 1,003,750 1,917,500 W PE Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 520,000 848,000 $2,443,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed. JUN CO. Stockholders' Equity April 2 (after stock dividend) Common stock 1,003,750 ces Paid-in capital in excess of par value, common stock Total paid-in capital Retained earnings Total stockholders' equity 1,917,500 203,000 $ 2,120,500 & W PS