13-15 (L03) EXCEL (Dividend Entries) The fol poration on December 31, 2016. end Entries) The following data were taken from the balance sheet accounts of Masetela cor $540,000 624.000 500.000 150,000 840,000 Current assets Debt investments (trading) Common stock (par value $10) Paid-in capital in excess of par Retained earnings Instructions Prepare the required journal entries for the following unrelated (a) A5% stock dividend is declared and distributed at a time when the is declared and distributed at a time when the market price per share is 32 (b) The par value of the common stock is reduced to $2 with a S-fors (c) A dividend is declared January 5, 2017, and paid January 25, declared January 5, 2017 and paid lanuary 25, 2017 in bonds held as an investment. The bonds have book value of $100,000 and a fair value of $135,000