ONE QUESTION WITH TWO PARTS, IF BOTH ARE CORRECT, I WILL LIKE. THANK YOU FOR YOUR HELP!

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, 64,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 640,000 270,000 695,000 $1,605,000 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 Total stockholders' equity Required 1 Required 2 Compute the number of shares outstanding after the distribution is made. Number of common shares outstanding Required 1 Required 2 >