Question: Prepare the updated stockholders' equity section after the split. Required information Use the following information for the Exercises 8-9 below. (Algo) [The following information applies

Prepare the updated stockholders' equity section after the split.

Prepare the updated stockholders' equity section
Required information Use the following information for the Exercises 8-9 below. (Algo) [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, 69,0@@ shares issued and outstanding % 660,000 Paid-in capital in excess of par value, common stock 256,000 Retained earnings 685,208 Total stockholders'? equity $ 1,535,000 Exercise 11-9 (Algo) Stock split LO P2 Assume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock 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. Total stockholders' equity

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