Apu Company has 200,000 shares of $20 par value common stock outstanding. On April 15, 2016 the company declared a 40% stock dividend. The current marker value of the stock was $30 per common share. The journal entry on April 15 will include: O A credit to Stock Dividend Distributable for $1,600,000 O A credit to Stock Dividends Distributable for $2,400,000 O A credit to Paid-in Capital in excess of par value, Common Stock for $800,000 O A debit to Retained Earnings for $2,400,000