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  3. the stockholders' equity section of jun company's

The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On...

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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, 435,000 shares authorized, 230,000 shares issued and outstanding $1,150,000 Paid-in capital in excess of par value, common stock 550,000 863,000 $2,563,000 Retained earnings Total stockholders' equity Prepare the stockholders' equity section immediately after the stock dividend. JUN COMPANY Stockholders' Equity April 2 (after stock dividend) Common stock Paid-in capital in excess of par value, common stock Total paid-in capital Total stockholders' equity

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