. where did those numbers come from? help me solve for this step-by-step please

The stockholders' equity for Blade, Inc., on December 31, 2017, follows: (Click the icon to view the stockholders' equity on December 31, 2017.) On July 31, 2018, the market price of Blade's common stock was $12 per share and the company distributed a 15 percent stock dividend. Read the requirements. Requirement 1. Journalize the distribution of the stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Jul 31 Retained earnings 162,000 Paid-in capital in excess of par-common 148,500 Common stock 13,500 Requirement 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. (Enter the accounts and labels in the proper order for the stockholders' equity section of the balance sheet.) Stockholders' Equity Paid-in capital: Common stock, $1 par, 250,000 shares authorized, 103,500 shares issued and outstanding 103,500 Paid-in capital in excess of par-common 598,500 Total paid-in capital 702,000 Retained earnings 148,000 Total stockholders' equity 850,000 Stockholders' Equity Paid-in capital: Common stock, $1 par, 250,000 shares authorized, 90,000 issued and outstanding Paid-in capital in excess of par-common Total paid in capital $ 90,000 450,000 540,000 310,000 Retained earnings $ 850,000 Total stockholders' equity 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock divid