er 11 Saved Help Required information [The following information applies to the questions displayed below.) On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows before any stock dividend or split. Sharper declares and immediately distributes a 50% stock dividend. Common stock-$10 par value, 120,000 shares authorized, 86,000 shares issued and outstandingy Paid-in capital in excess of pat value, common stock Retained earnings Total stockholders' equity S 860,000 380,000 750,000 $1,990,000 sume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock split. quired: Prepare the updated stockholders' equity section after the split Compute the number of shares outstanding after the split. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Nu (1) Prepare the updated stockholders' equity section after the split. (2) Compute the number of shares outstanding after the split. Part 2 of 2 Complete this question by entering your answers in the tabs below. oints Skipped Required 1 Required 2 Prepare the updated stockholders' equity section after the split eBook Hint Ask Print SHARPER CORPORATION Stockholders' Equity Section of the Balance Sheet June 30 Common stock Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity References 0 Required Required 2 Part 2 of 2 Assume that instead of distributing a stock dividend, Sharper did a Required: (1) Prepare the updated stockholders' equity section after the split. (2) Compute the number of shares outstanding after the split. 5 points Skipped Complete this question by entering your answers in the tabs b- eBook Required 1 Required 2 Hint Ask Compute the number of shares outstanding after the split. Print Number of common shares outstanding References