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 Connon stock-$10 par value, 90,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders equity $ 900.000 400,000 760,000 $2,060,000 (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: Required 2 Prepare the updated stockholders' equity section after the distribution is made SHARPER CORPORATION Stockholders' Equity Section of the Balance Sheet June 30 Required information [The following information apples 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. Connon stock-$10 par value, 90,000 shares Issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 900,000 400,000 760.000 $2,060,000 (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 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 codes