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. Conto-610 pax value, 120,000 shares wuthorised, 50,000 shares in and outstanding Paid-in capital in een of par valur, common tool Robained earnings Total stockholdean' equity 800,000 200,000 600.000 $1,500,000 Required: (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 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 Required 2 > Required 1 Required 2 Compute the number of shares outstanding after the distribution is made. Number of common shares outstanding