-/1 Question 8 of 10 View Policies Current Attempt in Progress Indigo Corporation has 310,000 shares of 58 par value common stock outstanding. It declares a 14% stock dividend on December 1 when the market price per share is 517. The dividend shares are issued on December 31, Prepare the entries for the declaration and distribution of the stock dividend. (Record journal entries in the order presented in the problem, Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter for the amounts.) Debit Credit Date Account Titles and Explanation e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer Sove for Later