The following information applies to the questions displayed below.$]$On June $30,$ Sharper Corporations 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, $78,000$ shares issued and outstanding$ $780,000$Paid$-$in capital in excess of par value, common stock$340,000$Retained earnings$730,000$Total stockholders equity$ $1,850,000$Assume that instead of distributing a stock dividend, Sharper did a $3-$for$-1$ stock split.$(1)$ Prepare the updated stockholders' equity section after the split.$(2)$ Compute the number of shares outstanding after the split.