8(5 points) Richman Corporation has 120,000 shares of S5 par value common stock outstanding Italo lared a 10% stock dividend on June 1 when the market price per share was S12. The shares were issued on June 30 Prepare the necessary entries for the declaration and payment of the stock dividend. 9. (5 points) Applied Foods Corp. billed its customers a total of $638,000 during the month of August. The total includes 8% sales taxes. ) Determine the proper amount of revenue to report for the month. Prepare the general journal entry to record the revenue and related liabilities for the month