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. (1) Prepare the updated stockholders' equity section after the distribution is made. (2) Compute the number of shares outstanding after the distribution is made. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Prepare the updated stockholders' equity section after the distribution is made. (1) Prepare the updated stockholders' equity section after the distribution is made. (2) Compute the number of shares outstanding after the distribution is made. Answer is complete but not entirely corre Complete this question by entering your answers in the tabs below. Prepare the updated 'stockholders' equity section after the distribution is made. aiviaena or spir. snarper deciares and immeaiately aistridutes a su\% stock Common stock-\$10 par value, 58,000 shares isued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity (1) Prepare the updated stockholders' equity section after the distribution is made. (2) Compute the number of shares outstanding after the distribution is made. Answer is complete but not entirely cor Complete this question by entering your answers in the tabs below. Compute the number of shares outstanding after the distribution is made