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Required information [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, 84,900 shares issued and outstanding $ 840, 830 Paid-in capital in excess of par value, common stock 370,eeg Retained earnings 745, 090 Total stockholders' equity $ 1,955,090 (1) Prepare the updated stockholders' equity section after the distribution is made. (2) Compute the number of shares outstanding after the distribution is made.Required information Required 1 |Required 2 Prepare the updated stockholders' equity section after the distribution is made. SHARPER CORPORATION Stockholders Equity Section of the Balance Sheet June 30 Total stockholders equity(1) Prepare the updated stockholders' equity section after the distribution is made. (2) Compute the number of shares outstanding after the distribution is made Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of shares outstanding after the distribution is made. Number of common shares outstanding