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Thank you Larkspur Corporation's stockholders' equity section at December 31, 2019 appears below: On June 30,2020 , the board of directors of Larkspur Corporation declared

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Larkspur Corporation's stockholders' equity section at December 31, 2019 appears below: On June 30,2020 , the board of directors of Larkspur Corporation declared a 20% stock dividend, payable on July 31,2020 , to stockholders of record on July 15, 2020. The fair value of Larkspur Corporation's stock on June 30, 2020, was $14. On December 1,2020, the board of directors declared a 2 for 1 stock split effective December 15.2020. Larkspur Corporation's stoch was selling for $20 on December 1,2020, before the stock split was declared. Par value of the stock was adjusted. Net income for 2020 was $202,000 and there were no cash dividends declared. Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split. (Credit account titles ore automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Fill in the amount that would appear in the stockholders' equity section for Larkspur Corporation at December 31,2020 , for the following items: 1. Common stock 2. Number of shares outstanding 3. Par value per share 4. Paid-in capital in excess of par 5. Retained earnings 6. Total stockholders' equity

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