Epic Incorporated has 11,200 shares of \$2 par value common stock outstanding. Epic declares a 17% stock dividend on July 1 when the stock's market value is $20 per share. The stock dividend is distributed on July 20 . Prepare journal entries for (a) declaration and (b) distribution of the stock dividend. Journal entry worksheet 2 Record the declaration of a 17% stock dividend. Note: Enter debits before credits. Epic Incorporated has 11,200 shares of $2 par value common stock outstanding. Epic declares a 17% stock dividend on July 1 when the stock's market value is $20 per share. The stock dividend is distributed on July 20 . Prepare journal entries for (a) declaration and (b) distribution of the stock dividend. Journal entry worksheet Record the distribution of 17% stock dividend. Note: Enter debits before credits