Additional Exercise 17 Giraldi Corporation's stockholders' equity section at December 31, 2013, appears below: Stockholder's equity Pald-in capital Common stock, $10 par, 60,000 outstanding Paid-in capital in excess of par Total paid-in capital Retained earnings Total stockholder's equity $600,000 162.500 $762,000 150,000 $912,500 On June 30, 2014, the board of directors of Giraldi Corporation declared a 15% stock dividend, payable on July 31, 2014, to stockholders of record on July 15, 2014. The fair value of Giraldi Corporation's stock on June 30, 2014, was $16. On December 1, 2013, the board of directors declared a 2 for 1 stock split effective December 15, 2014. Giraldi Corporation's stock was selling for $18 on December 1, 2014, before the stock split was declared. Par value of the stock was adjusted. Net income for 2014 was $230,000 and there were no cash dividends declared. Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order in which they must have occurred.) Date Account Titles and Explanation Debit Credit Fill in the amount that would appear in the stockholders' equity section for Giraldi Corporation at December 31, 2014, for the following items: 1. 2. Common stock Number of shares outstanding Par value per share Paid-in capital in excess of par 3. $ 5. Retained earnings 6. Total stockholders' equity