Check my work The shareholders' equity of Core Technologies Company on June 30, 2017, included the following Common stock, $1 par: authorized, 9 million shares issued and outstanding, 4 million shares Paid-in capital-excess of par Retained earnings $ 4,000,000 16,000,000 22,000,000 On April 1, 2018, the board of directors of Core Technologies declared a 10% stock dividend on common shares to be distributed on June 1. The market price of Core Technologies' common stock was $40 on April 1, 2018, and $50 on June 1, 2018. Required: Complete the below table to calculate the stock dividend. Prepare the journal entries to record the declaration and distribution of the stock dividend. Complete this question by entering your answers in the tabs below tock Dividend General Journal Prepare the journal entries to record the declaration and distribution of the stock dividend. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet KPrev 2 of 4 E Next > Check my work Complete this question by entering your answers in the tabs below General ournal Stock Dividend Prepare the journal General Journal rd the declaration and distribution of the stock dividend. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet Credit General Journal Debit No Date 16,000,000 1 April 01, 2018 Retained earnings 100,000 5,900,000 Common stock dividends distributable Paid-in capital-excess of par 2 June 01, 2018 Common stock dividends distributable Common stock 100,000 100,000 General Journal