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

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Accounting

The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 20% stock dividend. The stock's per share market value on April 2 is $15(prior to the dividend).$1,100,000530,000853,000$2,483,000
Prepare the stockholders' equity section immediately after the stock dividend is distributed.
\table[[JUN COMPANY],[Stockholders' Equity,],[April 2(after stock dividend),],[Common stock,$1,320,000
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