Bennett Corporation reported the following Stockholder's Equity items on December 31, 2XXX:

Preferred stock, 5%, cumulative $100 par, 7,000 shares issued - $100,000

Paid-in capital excess of par-preferred - $53,200

Common stock, $50 par, 10,000 shares authorized, 5,000 shares issued - $250,000

Paid-in excess of ar-common - $300,000

Retained earnings - $455,300

How to prepare the journal entry if Bennett Corporation distributed a 45% stock dividend on the common stock when the market price of the common stock was $150 per share?