The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 20% stock dividend. The stock's per share market value on April 2 is $15 (prior to the dividend). Prepare the stockholders' equity section immediately after the stock dividend is distributed. Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Owners are personally liable for corporate debts. 2 The president and vice presidents choose the board of directors. ? Corporations are often subject to fewer regulations than partnerships. The sale of shares from one stockholder to another does not impact operations. An exception is when it changes the makeup of directors. ? It does not end with the death of an owner. ? Stockholders do not have the power to bind the corporation to contracts. ? It has many of the same rights as an individual