corporation had stockholders' equity on January 1 as follows: Common Stock, S1 par value, 1,500,000 ock, shares authorized, 600,000 shares issued: Paid-in Capital in Excess of Par Value, Common St 1.100,000: Retained Earnings, $2,300,000. Prepare journal entries to record the following transactions: The board of directors declared a 10% stock dividend to stockholders of record Feb. 15 on March 1, to be issued on April 15. The stock was trading at $12 per share prior o the dividend Sold 100,000 shares of common stock for $13 per share. Issued the stock dividend. Mar. 31 Apr. 15