Juno Corporation's stockholders equity section at December 31, 2019 appears below: $600,000 150.000 Stockholder's equity Pald.in capital Common stock. $10 par, 60,000 outstanding Pald.in capital in excess of par Total paid-in capital Retained earnings Total stockholder's equity $750,000 150,000 S900.000 On June 30, 2020, the board of directors of Juno Corporation declared a 20% stock dividend, payable on July 31, 2020, to stockholders of record on July 15, 2020. The fair value of Juno Corporation's stock on June 30, 2020, was $15 On December 1, 2020, the board of directors declared2 for 1 stock split effective December 15, 2020 Juno Corporation's stock was selling for $20 on December 1, 2020, before the stock split was declared Par value of the stock was adjusted. Net Income for 2020 was $190,000 and there were no cash dividends declared, Debit Credit Date Account Titles and Explanation 6/30/20 Stock Dividends Common Stock Dividends Distributable Paid-in Capital in Excess of Par-Common Stock 7/15/20 7/31/20 Common Stock Dividends Distributable Common Stock 12/1/20 12/15/20