E14. The stockholders' equity for Clifton, Inc., on December 31, 20X4, follows: Stockholders' Equity Common stock, $1 par, 100,000 shares authorized, 50,000 shares issued...... Paid-in capital in excess of par..... ..... Retained earnings .. Total stockholders' equity. $ 50,000 400,000 120,000 $570,000 On April 30, 20X5, the market price of Clifton's common stock was $16 per share and the company distributed a 10% stock dividend. Required 1. Journalize the distribution of the stock dividend