Use the following information for the Exercises below. [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-sle par value, 120,eee shares authorized, 84,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 840, eee 370,000 745, eee $1,955,000 Exercise 11-6 Large stock dividend LO P2 Required: (1) 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. Required 1 Required 2 Prepare the updated stockholders' equity section after the distribution is made. SHARPER CORPORATION Stockholders' Equity Section of the Balance Sheet June 30 $ Total stockholders' equity Regled Required 2 > Use the following information for the Exercises below. [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,eee shares authorized, 84,800 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 840, eee 37 , 745,000 $1,955,000 Exercise 11-7 Stock split LO P2 Assume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock split Required: (1) Prepare the updated stockholders' equity section after the split (2) Compute the number of shares outstanding after the split Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the updated stockholders' equity section after the split SHARPER CORPORATION Stockholders' Equity Section of the Balance Sheet June 30 S 0 Total stockholders' equity