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 10% stock dividend. The stock's per share market value on April 2 is $15 (prior to the dividend). Common stock-$5 par value, 485,000 shares authorized, 255,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained garn Total stockholders' equity $ 1,275,000 600,000 888,000 $ 2,763,000 Prepare the stockholders' equity section immediately after the stock dividend. JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Common stock Pald-in capital in excess of par value, common stock Total paid in capital Retained earnings Total stockholders' equity 0 $ 0