Douglas McDonald Company's balance sheet included the following shareholders' equity accounts at December 31, 2017 (5 in millions) Paid-in capital: Common stock, 1,850 million shares at $1 par Paid-in capital-excess of par Retained earnings Total shareholders' equity $ 1,850 17.790 16.313 $35,863 On March 16, 2018, a 4% common stock dividend was declared and distributed. The market value of the common stock was $40 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