1 Epic Inc has 11.900 shares of $2 par value common stock outstanding. Epic declares a 24% stock dividend on July 1 when the stock's market value is $27 per share. The stock dividend is distributed on July 20 Prepare journal entries for (a) declaration and (o distribution of the stock dividend. 02:57 View transaction list Journal entry worksheet References Record the distribution of 24% stock dividend. Note: ter debits before credits General Journal Debit Credit Date July 20 Record entry Clear entry View general Journal