855 Epic Incorporated has 12,000 shares of $2 par value common stock outstanding. Epic declares a 25% stock dividend on July 1 when the stock's market value is $28 per share. The stock dividend is distributed on July 20 Prepare journal entries for (a) declaration and (b) distribution of the stock dividend. View transaction list Journal entry worksheet 1 2 Record the declaration of a 25% stock dividend. Note: Enter debits before credits Date July 01 General Journal Debit Credit View general journal Racord entry Clear entry >