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The stockholders equity section of Jun Companys balance sheet as of April 1 follows. On...

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Accounting

The stockholders equity section of Jun Companys balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 10% stock dividend. The stocks per share market value on April 2 is $20 (prior to the dividend).

Common stock$5 par value, 575,000 shares authorized, 300,000 shares issued and outstanding $ 1,500,000 Paid-in capital in excess of par value, common stock 690,000 Retained earnings 933,000 Total stockholders' equity $ 3,123,000

Prepare the stockholders equity section immediately after the stock dividend is distributed.

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