View Policies Show Attempt History Current Attempt in Progress Larkspur Corporation's stockholders' equity section at December 31, 2019 appears below: Stockholder's equity Paid-in capital Common stock, $10 par, 57,000 outstanding $570,000 Paid-in capital in excess of par 140,000 Total paid-in capital $ 710,000 Retained earnings 155,000 Total stockholder's equity $865,000 On June 30, 2020, the board of directors of Larkspur Corporation declared a 20% stock dividend, payable on July 31, 2020, to stockholders of record on July 15, 2020. The fair value of Larkspur Corporation's stock on June 30, 2020, was $ 14. On December 1, 2020, the board of directors declared a 2 for 1 stock split effective December 15, 2020.Larkspur Corporation's stock was selling for $20 on December 1, 2020, before the stock split was declared. Par value of the stock was adjusted. Net income for 2020 was $ 202,000 and there were no cash dividends declared. Date Account Titles and Explanation Debit Credit 6/30/20 Stock Dividends 710000 Common Stock Dividends Distributable 5 Paid-in Capital in Excess of Par-Common Stock 1 7/15/20 No Entry 0 No Entry 7/31/20 Common Stock Dividends Distributable 798000 Common Stock 7 12/1/20 No Entry 0 No Entry 12/15/20 No Entry 0 No Entry Your answer is incorrect. Fill in the amount that would appear in the stockholders' equity section for Larkspur Corporation at December 31, 2020, for the following items: 1. Common stock $ 570000 2. Number of shares outstanding 136800 3. Par value per share $ 5 4. Paid-in capital in excess of par $ 140000 5. Retained earnings $ 155000 6. Total stockholders' equity $ 865000