Brief Exercise 18-13 Stock dividend (LO18-8] On June 13, the board of directors of Siewert Inc. declared a 6% stock dividend on its 150 million, $1 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $28 on June 13. Complete the below table to calculate the stock dividend. Prepare the journal entry to record the stock dividend. Complete this question by entering your answers in the tabs below. Stock Dividend General Journal Complete the below table to calculate the stock dividend. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Stock Dividend Number of outstanding shares Stock dividend percentage (%) Number of shares to be issued x Market Value per share 150 6% $ $ 28.00 252 Value of stock dividend Stock Dividend General Journal > Stock Dividend General Journal Prepare the journal entry to record the stock dividend. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Debit Credit No | 1 Event 1 General Journal Cash dividends payable Common stock Paid-in capitalexcess of par 252 28 28