Brief Exercise 10-49 Stock Dividend Augusta Corporation reported the following information: 35,000 shares of $3 par value common stock authorized, 30,000 shares common stock issued, 10,000 shares treasury stock. Required: 1. What is the appropriate journal entry to record a 5% stock dividend if the market price of the common stock is $40 per share when the dividend is declared? 2. What is the appropriate journal entry to record a 30% stock dividend if the market price of the common stock is $40 per share when the dividend is declared? 3. Conceptual Connection: How do these transactions affect Augusta's total stockholders' equity? Total stockholders' equity is by these transactions