On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows...

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Accounting

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, 68,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 680,000290,000705,0001,675,000 Total stockholders ' equity

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