QS 13-8 (Algo) Reporting a sl 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 $15 (prior to the dividend). Common stock-$5 par value, 515,000 shares authorized, 270,000 shares issued and outstanding $ 1, 350, 000 Paid-in capital in excess of par value, common stock 630, 090 Retained earnings 903, 000 Total stockholders equity $ 2, 883, 000 Prepare the stockholders' equity section immediately after the stock dividend is distributed. JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Common stock $ 1,552,500 Paid-in capital in excess of par value, common stock Total paid-in capital 1,552,500 Retained earnings Total stockholders' equity $ 1,552,500