Douglas McDonald Company's balance sheet included the following shareholders' equity accounts at December 31, 2017: Paid-in capital: Common stock, 1,100 million shares at $1 par Paid-in capital-excess of par Retained earnings Total shareholders' equity ($ in millions) $ 1,100 16,200 15,188 $32,488 On March 16, 2018, a 4% common stock dividend was declared and distributed. The market value of the common stock was $25 per share. Fractional share rights represented 3 million equivalent whole shares. Cash was paid in lieu of the fractional share rights. Required: 1. Complete the below table to calculate the value of shares issued. 2. Prepare the appropriate entries for the declaration and distribution of the stock dividend. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the below table to calculate the value of shares issued. (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