18. Roundhouse Company declared a 5% stock dividend when it had 100,000 shares of $1 par value common stock outstanding. The market price per common share was $8 per share when the dividend was declared. The entry to record this dividend declaration includes a credit to a. Stock Dividends for $5,000. b. Paid-in Capital in Excess of Par for $40,000. C. Common Stock for $40,000. 100.000 88- d. Common Stock Dividends Distributable for $5,000. 800,000