(Dividend Entries) The following data were taken from the balance sheet accounts of Masefield Corporation on December 31, 2007. Current Assets $540,000 Investments $624,000 Common Stock (par value $10) $500,000 Paid in Capital in excess of par $150,000 Retained Earnings $840,000 Instructions Prepare the required journal entries for the following unrelated items. a.) A 5% stock dividend is declared and distributed at a time when the market value of the shares is $39 per share. b.) The par value of the capital stock is reduced to $2 with a 5-for-1 stock split. c.) A dividend is declared January 5, 2008, and paid January 25, 2008 in bonds held as an investment. The bonds have a book value of $100,000 and a fair market value of $135,000