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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
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 20\% stock dividend. The stock's per share market value on April 2 is $10 (prior to the dividend). Common stock- $5 par value, 555,000 shares authorized, 290,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,450,000670,000923,000$3,043,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed
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