E 10-21A (book/static) Question The stockholders' equity for Lakeside Marina, Inc., on December 31, 2017, follows: (Click the icon to view the stockholders' equity on December 31, 2017.) On January 31, 2018, the market price of Lakeside Marina's common stock was $20 per share and the company distributed a 10 percent stock dividend. Read the requirements. Requirement 1. Journalize the distribution of the stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Date Debit Credit Jan 31 Choose from any list or enter any number in the input fields and then click Check Answer part remaining Clear All Check Answer a Data Table Stockholders' Equity Paid-in capital: Common stock, $1 par, 400,000 shares authorized, 40,000 issued and outstanding Paid-in capital in excess of par-common Total paid in capital 40,000 400,000 440,000 150,000 Retained earnings 590,000 Total stockholders' equity Print Done i Requirements - X entrie 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. Print Done