(Click the icon to view the data) n April 30, 2016, the market price of Pondside's common stock was $13 per share and the company declared a 14% stock drvidend The stock was dstribut equirements Journalize the declaration and distribution of the stock dividend Earnings before preparing the balance sheet was closing the Stock Dividends account Common Stock-$3 Par Value 1. 2. Prepare the stockholders' equity section of the balance sheet as of May 31, 2015. Assume Retained Earnings are $120,000 on Apri 30, 2016, before th 1.450 shares authorized 513 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital 1,539 Retained Earnings Total Stockholders' Equity