Belkin Inc. has 119,000 shares of $3 par value common stock outstanding. Belkin declares a 59% stock dividend on March 2 when the stock's market value is $91 per share. Prepare the journal entry for declaration of the stock dividend. View transaction list points 00:58 Journal entry worksheet 00:59:56 Record the declaration of a 59% stock dividend. Note: Enter debits before credits. Date General Journal Debit Credit Mar 02 Record entry Clear entry View general journal