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 authorized, 86.900 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity 5860,000 380, 900 750,000 $1,990,000 Required: (0) 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. Parent SHARPER CORPORATION Stockholders' Equity Section of the Balance Sheet June 30 Common stock-$10 par value Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 380,000 380,000 Required 2 > (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 2 Compute the number of shares outstanding after the distribution is made Number of common shares outstanding