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Prepare the stockholders' equity section immediately after the stock dividend is distributed stock dividend. The stocks per share market value on April 2 is $15

Prepare the stockholders' equity section immediately after the stock dividend is distributed

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stock dividend. The stocks per share market value on April 2 is $15 (prior to the dividend). Common stock-$5 par value, 535,000 shares authorized, 280,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 1,400,000 650,000 913,000 $ 2,963,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed. X Answer is complete but not entirely correct. JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Common stock $ 1,400,000 650,000 Paid-in capital in excess of par value, common stock Total paid-in capital Retained earnings Total stockholders' equity 2,050,000 913,000 $ 2,963,000

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