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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. Assume that instead of distributing a stock dividend, Sharper did a 3 -for-1 stock split (1) Prepare the updated stockholders' equity section after the split. (2) Compute the number of shares outstanding after the split. Complete this question by entering your answers in the tabs below. Prepare the updated stockholders' equity section after the split. 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. Assume that instead of distributing a stock dividend, Sharper did a 3 -for-1 stock split. (1) Prepare the updated stockholders' equity section after the split. (2) Compute the number of shares outstanding after the split. Complete this question by entering your answers in the tabs below. Compute the number of shares outstanding after the spit. Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). Note: More than one column may be used. Fitz Company reports the following information. Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. Note: Amounts to be deducted should be indicated with a minus sign. a. Equipment with a book value of $82,500 and an original cost of $169,000 was sold at a loss of $33,000. b. Pald $109,000 cash for a new truck. c. Sold land costing $310,000 for $425,000 cash, yielding a gain of $115,000. d. Stock investments were sold for $95,600 cash, yielding a gain of $16,250. Use the above information to determine cash flows from investing activities. Note: Amounts to be deducted should be indicated with a minus sign. a. Net income was $476,000. b. Issued common stock for $71,000 cash. c. Paid cash dividend of $12,000. d. Paid $120,000 cash to settle a long-term notes payable at its $120,000 maturity value. e. Paid $116,000 cash to acquire its treasury stock. f. Purchased equipment for $91,000 cash. Use the above information to determine cash flows from financing activities. Note: Amounts to be deducted should be indicated with a minus sign