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QS 11-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 20% stock dividend. The stock's per share market value on April 2 Is $10 (prior to the dividend). Common stock-$5 par value, 525,800 shares authorized, 275,e80 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity s 1,375,e8 648,888 9e8,8e8 2,923,8e8 Prepare the stockholders' equity section Immediately after the stock dividend. JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Common stock Paid-in capital in excess of par value, common stock Total paid-in capital etained earnings Total stockholders' equity