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: Cormon stock (3,000,000 shares authorized: 2.200,000 shares issued), 515 par, $33,000,000; Paid-in capital in excess of par-common stock, $9,000,000; and Retained earnings, 509,550,000. The board of directors declared a 5 stock divided when the market price of the stock was $16 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 bank al. Journalize the entry to record the declaration of the dividend, capitaluring an amount equal to market Stock Dividends Stock Dividends Distributable Pat Capital incess of Par Common Stock a. Recut that a stock dividend affects only stockholders equity 2. Joumalize the entry to record the issuance of the stock certificates Stock Dividends table Como Stod a2. Recall that stock dividend affects only stockholders equity Check My Wor Previous a. Recall that a stock dividend affects only stockholders' equity. b. Determine the following amounts before the stock dividend was declared: (1) tot paid.in capita, (2) total retained earnings, and total stockholders equity. Total paid.in capital Total retained earnings Total stockholders' equity c. Determine the following amounts after the stock dividend was declared and desing entries were recorded at the end of the year: (1) total paid-in cap, (3) total retained rings, and (3) tot holder equity Total paid in capital Total retained earnings Total stockholders' equity b. & c.identity the balances of all the equity accounts before the stock dividend. What affects then have on the equity account? What count(s) would increase and what would decrease? Partly corect