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How can I update the Stockholder's Equity? Required information [The following information applies to the questions displayed below.] On June 30, Sharper Corporation's stockholders equity

How can I update the Stockholder's Equity?

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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, 50,000 shares 19 issued and outstanding $ 500,600 Paid-in capital in excess of par value, common stock 200,090 Retained earnings 660,000 Total stockholders equity $1, 360,600 Required: (1) Prepare the updated stockholders' equity section after the distribution is made (2) Compute the number of shares outstanding after the distribution is made. Complete this question by entering your answers in the tabs below.Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of shares outstanding after the distribution is made. Number of common shares outstanding Required: (1) Prepare the updated stockholders' equity section after the distribution is made (2) Compute the number of shares outstanding after the distribution is made. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the updated stockholders' equity section after the distribution is made. SHARPER CORPORATION Stockholders Equity Section of the Balance Sheet June 30 Common stock- $10 par value Paid-in capital in excess of par value, common stock Retained earnings Total stockholders equity S Required 2 >

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