14. Tom owns shares of Jerry Corporation stock. The book value of the Jerry shares is $900,000. The market value of the shares is $600,000. On August 21, Tom declared a property dividend whereby the Jerry shares are to be distributed on September 23. The journal entry to record the declaration of the property dividend on August 21 would include a. a debit to retained earnings of $900,000. b. a debit to retained earnings of $600,000. c. a credit to gain on appreciation of investment of $300,000 da credit to property dividends payable of $900,000