A corporation had 60,000 shares of $15 par value common stock outstanding. The board of directors declared and issued a 10% stock dividend. The market value of the stock was $34 per share. What is the journal entry to record this stock dividend? Multiple Choice Debit Retained Earnings and credit Common Stock for $90,000. Debit Retained Earnings and credit Common Stock for $204,000. Debit Retained Earnings for $294,000, credit Common Stock for $90,000, and credit Additional Paid-in Capital for $204,000. Debit Retained Earnings for $204,000, credit Common Stock for $90,000, and credit Additional Paid-in Capital for $114,000. Debit Retained Earnings and credit Cash for $204,000