QS 11-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's...

QS 11-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 10% stock dividend. The stock's per share market value on April 2 is $20 (prior to the dividend). Common stock-$5 par value, 375, 000 shares authorized, 200,000 shares issued and outstanding $1,000,000 Paid-in capital in excess of par value, common stock 600,000 Retained earnings 833,000 Total stockholders' equity $2,433,000 Prepare the stockholders' equity section immediately after the stock dividend. 19 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 "Retained earnings Total stockholders' equity