4. (8 points) The shareholders' equity of Tier Tech on June 30, 2020 included the following in the chart below. On April 1, 2021, the board of directors of Tier declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Tier's common stock was $34 on April 1, 2021, and $44 on June 1, 2021. Prepare the journal entries to record the declaration and distribution of the stock dividend. Common Stock, $1 par; authorized, 6 million $1,000,000 shares; issued and outstanding, 1 million shares Paid in CapitalExcess of Par $4,000,000 Retained Earnings $15,000,000 Debit Account Credit Account Debit Amount Credit Amount