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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 15% 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 15% stock dividend. The stocks per share market value on April 2 is $15 (prior to the dividend). Common stock-$5 par value, 435,000 shares authorized, 230,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,150,000 550,000 863,000 $2,563,000 Prepare the stockholders' equity section immediately after the stock dividend is distributed. JUN CO. Stockholders' Equity April 2 (after stock dividend) Total paid-in capital Total stockholders' equity

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