Below is the stockholders' equity section of the balance sheet for RE Company ai 12/31/XO: $1,900,000 2,400,000 COMMON STOCK ($10 PAR) PIC>PAR ON COMMON STOCK RETAINED EARNINGS: APPROPRIATED FOR PLANT EXPANSION APPROPRIATED - BOND COVENANT UNAPPROPRIATED TOTAL STOCKHOLDERS'EQUITY 1,000,000 1,100,000 3,050,000 5,150,000 $9,450,000 4. Prepare a Statement of Retained Earnings at 12/31/x1. Net income was $560,000. 5. Make journal entries to a. Issue the property dividend. The value of the QBM stock at issuance to RE stockholders is $765,000. b. Issue the 10% stock dividend. The market price of the stock is $44. C. Issue the 30% stock dividend