Balenberg Company had 50,000 shares of $150 par value common stock outstanding on June 30, 2019. On July 1, the board of directors declared a 10% stock dividend when the market value of each share was $162. The journal entry on July 1 will include: Select one: A. A debit to Retained Earnings for $750,000 B. A credit to Stock Dividend Distributable for 810,000 O 0 C. A credit to Paid-in capital in excess of par value $810,000 D. A credit to Stock Dividend Distributable for $750,000