Exercise 11-5 Stock dividends and splits LO P2 On June 30, 2015, Sharper Corporation's common stock is priced at $33.00 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows. Common stock-$8 par value, 95,000 shares authorized, 304,000 38,000 shares issued and outstanding 100,000 Paid-in capital in excess of par value, common stock 404,000 Retained eamings 808,000 Total stockholders' equity 1. Assume that the company declares and immediately distributes a 100% stock dividend. This evenf is recorded by eamings to the stock's par value. Answer these questions about equity as it exists after issuing the new shares. a. b.& c. Complete the below table to calculate the retained eamings balance, total stockholders' equity and number of outstanding shares. Paid in capital in excess of par value Number of common shares outstanding