Prepare the stockholders equity section

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The stockholders' equity section of Zacman Company's balance sheet as of April 1 follows. On April 2, Zacman declares and distributes a 10% stock dividend. The stock's per share market value on April 2 is $25 (prior to the dividend).

Common stock"$5 par value, 375,000 shares authorized, 150,000 shares issued and outstanding $ 750,000

Paid-in capital in excess of par value, common stock 352,500

Retained earnings 633,000

Total stockholders' equity $ 1,735,500

Prepare the stockholders' equity section immediately after the stock dividend

Reference no: EM13525269

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