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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

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, 50,000 shares issued and outstanding
Paid-in capital in excess of par value, common stock
Retained earnings
Total stockholders' equity
\table[[$500,000
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