Question: If you could please solve with explanation for how to solve. Thank you. QS 11-7 Accounting for small stock dividend LO P2 The stockholders' equity

 If you could please solve with explanation for how to solve.

If you could please solve with explanation for how to solve. Thank you.

QS 11-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 15% stock dividend. The stock's per share market value on April 2 is $10 (prior to the dividend). Common stock-$5 par value, 385,000 shares authorized, 205,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 1,025,000 500,000 838,000 $ 2,363,000 Prepare the stockholders' equity section immediately after the stock dividend. JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Common stock Paid-in capital in excess of par value, common stock Total paid-in capital Retained earnings Total stockholders' equity 0 $ 0

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