A company reported the following Balance Sheet amounts on January 1, 2019 Preferred Stock 58 par, SM, 2,000 shares issued and outstanding 516,000 Common Stock, 51 par 8,000 shares issued and outstanding $8,000 LE Additional Paid in Capital Common $32.000 Total Contributed Capital $56,000 Retained Earnings $33.000 Total Stockholder's Equity 589,000 On March 31, 2019 the company declared and distributed a 5 stock dividend on preferred stock when the stock was selling for $14/share Write in good form the journal entry that would be used to record the distribution of the stock dividend on March 2010