QS 11-8 (Algo) Reporting a 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) Comon stock-$5 par value, 535,000 shares authorized, 200,000 shares issued and outstanding $ 1,400,000 Paid-in capital in excess of par value, cornon stock 650,000 Retained earnings 213,000 Total stockholders' equity $ 2,963,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed. 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 0 Total stockholders equity $ 0