I need help with parts one and two

ReqUiredi di 'Retainef ear "t/ohs disp/yed below.] as follows before any stock 120,O shares $ 800, 350, 735, (1) Prepare the/lp holdersi equity section after the distribution is made. (2) Compute the, numbei of shares outstanding after the distribution is made, @ Answer is complete but not entirely correct. Complete this uestion 'Iby entering your answers in the pbs below. Require Prepare the updated st ckholder:' equ t! section after the kii$ bi8ridis made. S ARPER CORPORATION Stockholders' Equity Section of the Balance Sheet /' J u ne 30 Common stock-$10 par value Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 350,000 735,000 0 Required 2