A corporation had 30,000 shares of $17 par value common stock outstanding. The board of directors declared and issued a 50% stock dividend. The market value of the stock was $35 per share. What is the journal entry to record this stock dividend? Multiple Choice Debit Retained Earnings and credit Cash for $255,000 O Debit Retained Eemnings for $525,000. Credit Common Stock for $255.000, and credit Additional Paid-n Capital for $270,000 Debit Retained Earnings and credit Common Stock for $255.000, Debt Resinad Eornings and credit Common Stock for $525.000