8) A corporation had stockholders' equity on January 1 as follows: Common Stock, $1 par value, 1,500,000 shares authorized, 600,000 shares issued, Paid-in Capital in Excess of Par Value, Common Stock 1,100,000 Retained Earnings, $2,300,000. Prepare journal entries to record the following transactions: board of directors declared a 10% stock dividend to stockholders ofrecord Feb. 15 on ch 1, to be issued on April 15. The stock was trading at $12 per share prior o the dividend ar. 31 Sold 100,000 shares of common stock for $13 per share Issued the stock dividend. Apr. 15