On June 30, Sharper Corporation's common stock is priced at $26.50 per share before any...

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Accounting

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On June 30, Sharper Corporation's common stock is priced at $26.50 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows. Common stock-$6 par value, 7,e8e shares authorized, 28,808 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity s168,eee 188,800 268,888 $ 536,8ee 1. Assume that the company declares and immediately distributes a 100% stock dividend. This event is recorded by capitalizing retained earnings equal to the stock's par value. a., b. &c. Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of outstanding shares. 2. Assume that the company implements a 3-for-2 stock split instead of the stock dividend in part 1 a., b. &c. Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of outstanding shares. Complete this question by entering your answers in the tabs below Required 1Required 2 Assume that the company declares and immediately distributes a 100% stock dividend. This event is recorded by capitalizing retained earnings equal to the stock's par value. Complete the below table to calculate the retained earnings balance, total stockholders' equity and number of outstanding shares. Before Stock Dividend After Stock Dividend Dividend Stock Common stock Paid in capital in excess of par value Total contributed capital Retained earnings Total stockiholders' equity Number of common shares outstanding Required 2 >

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