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Required information [ The following information applies to the questions displayed below. ] On June 3 0 , Sharper Corporation's stockholders' equity section of its

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[The following information applies to the questions displayed below.]
On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows before any stock dividend or split. Sharper declares and immediately distributes a 50% stock dividend.
\table[[Common stock- $10 par value, 50,000 shares issued and,],[outstanding,$500,000
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