3) SSC declares and issues a stock dividend. That is, SSC is not paying cash to stockholders. Rather, SSC is distributing additional shares to stockholders on a proportional basis. a) What is meant by distributing shares on "proportional basis"? b) Why would a company issue additional shares of stock to stockholders rather than paying a cash dividend? c) if a SSC stockholder receives shares of stock in regard to a stock dividend, does the SSC stockholder own a larger proportion of SSC? d) How is a stock dividend valued? e) SSC has 200,000 common shares outstanding, $1.00 par value, and SSC has declared a 12% stock dividend. Currently, SSC common stock is trading on the New York Stock Exchange at $57.00 / share. How many shares will be issued in regard to the declared stock dividend? f) What will be the grand total value, according to the accounting records, of the stock dividend? g) What is the accounting journal entry to record the stock dividend