Allegre Corporation has outstanding 50,000 shares of $1 par common stock. The board of directors declared a 10% stock dividend when the market price of the stock was $30 per share. The entry to record the declaration of the stock dividend will include a credit to: Paid-in Capital in Excess of Par, $150,000. Stock Dividends Distributable, $5,000. Stock Dividends Distributable $150,000 Paid-in Capital in Excess of Par, $5,000