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! Required information (The following information applies to the questions displayed below! On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears

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! Required information (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. Common stock-$10 par value, 18,000 shares Issued and outstanding $ 880,000 Paid in capital in excess of par value, comon stock Retained earnings 255.000 Total stockholders equity $ 2,025,000 390,00 (1) Prepare the updated stockholders' equity section after the distribution is made (2) Compute the number of shares outstanding after the distribution is made Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the updated stockholders' equity section after the distribution is made SHARPER CORPORATION Stockholders' Equity Section of the Balance Sheet June 30 Total stockholders equity a Required 1 Required 2 Compute the number of shares outstanding after the distribution is made Number of common shares outstanding

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