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The stockholders' equity section of Jun Co.'s balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 20% stock dividend.

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The stockholders' equity section of Jun Co.'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). Common stock-55 par value415,000 shares authorised, 220,000 shares osed and outstanding Tald.in capital in excess of par value, c on stock Retained earnings Total stockholders' equity $1.100.000 530.000 053,000 $2.40.000 mo Prepare the stockholders' equity section Immediately after the stock dividend is distributed JUN CO Stockholders' Equity April 2 (after stock dividend) Sin catin excess of para common stock Told in capital 1320 000 To w holdersequity

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