32) A company originally issued 17,000 shares of $7 par value common stock at $13 per share. The board of directors declares a 12% stock dividend when the market price of the stock is $20 a share. Which of the following is included in the entry to record the declaration of a stock dividend? A) Stock Dividends is debited for $20,400. B) Common Stock$7 Par Value is credited for $38,760. C) Common Stock is credited for $40,800. D) Stock Dividends is debited for $40,800. E) none of the above