n June 30, Sharper Corporations 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, 66,000 shares issued and outstanding $ 660,000 Paid-in capital in excess of par value, common stock 280,000 Retained earnings 700,000 Total stockholders equity $ 1,640,000 1. Prepare the updated stockholders' equity section after distribution is made 2. Compute the number of shares outstanding after the distribution is made