Entries for Stock Dividends Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Life's balance sheet: Common stock (210,000 shares authorized; 3,000 shares issued), $100 pas, $300,000; Paid-In Capital in excess of par-common stock, $60,000, and Retained eamings, $2,400,000. The board of directors declared a 1% stock dividend when the market price of the stock was $136 a share. Healthy Life reported no income or loss for the current year If no entry is required, select "No entry required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank a1. Joumalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certificates 88 b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained eamings, and (3) total stockholders equity Total paid-in capital Total retained eamings Total stockholders' equity Determine the following amounts after the stock dividend was dedared and downg entries were recorded at the end of the year (1) total paid-in capital, (2) total retamed eamngs, and (3) total stockholders' egety