Beacon Corporation issued a 4 percent stock dividend on 30,000 shares of its $8 par common stock. At the time of the dividend market value of the stock was $22 per share. Required a. Compute the amount of the stock dividend. b. Show the effects of the stock dividend on the financial statements using a horizontal statements model. In the Cash Flow colu indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). If an element was not af by the event, leave the cell blank. Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of the stock dividend. Stock dividend