Required information Use the following information for the Exercises below. 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, 120,000 shares authorised, 66,000 shares sued and outstanding Paid-in capital in excess of par value common stock Retained earnings Total stockholders' equity $ 60,000 200,000 200.000 51.640.000 Exercise 13.6 Large stock dividend LO P2 Required: (1) Prepare the updated stockholders' equity section ofter 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. Mequired Required Compute the number of shares outstanding after the distribution is made Number of common son Required 1 Required information Use the following information for the Exercises below. (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. Shorper declares and immediately distributes a 50% stock dividend, Common stock-510 PE value, 120,000 shares thorised, 65.000 shares sed and outstanding Poid capital in excess of par value, common stock Retained earning Yotal stockholders equity # 460,000 200,000 700.000 31,420,000 Exercise 13-6 Large stock dividend LO P2 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 answers in the tabs below. Required 1 Required a Prepare the updated stockholders' equity section after the distribution la made, SHARPER CORPORATION Stockholders' Section of the Balance that June 30 Common stock-510 por Pidin capital in excess of paramos Reindearings Total stockholders
