Exercise 11-15A (Algo) Accounting for stock dividends LO 11-7 Beacon Corporation issued a 5 percent stock dividend on 37,500 shares of its $7 par common stock. At the time of the dividend, the market value of the stock was $28 per share. Required a. Compute the amount of the stock dividend. b. Show the effects of the stock dividend on the financial statements using a horizontal statements model. c. Prepare the journal entry to record the stock dividend. Complete this question by entering your answers in the tabs below. Compute the amount of the stock dividend. a, Compute the anount of the stock dividend. b. Show the effects of the stock dividend on the financial statements using a horizontal statements model. c. Prepare the journal entry to record the stock dividend. Complete this question by entering your answers in the tabs below. Show the effects of the stock dividend on the financial statements using a horitontal statements model. (In the statement of Caph Flows columo, indicate whether the itei activity (OA), investing activity (IA), or Financing activity (FA), Leave blank to indicate that an element was not affected by the event. Enter amounts to be deducted and miaus sign.) Journal entry worksheet