Bacon incorporated has the following stockholders' equity section in its May 31, 2022, comparative balance sheets: Problem 834 (Algo) Part f - Horizontal Model f-1. Assume that on June 1 the market value of the common stock was $40 per share and that the board of directors declared a 6% stock dividend on the issued shares of common stock. Use the horizontal model to show the issuance of the stock dividend. Indicate the financial statement effect. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. f-2. Assume that on June 1 the market value of the common stock was $40 per share and that the board of directors declared a 6% stock dividend on the issued shares of common stock. Prepare journal entry to show the issuance of the stock dividend. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Notei Enter debits before credits