Exercise 15-13 The common stock of Pearl Inc. is currently selling at $114 per share. The directors wish to reduce the share price and increase share volume prior to a new issue. The per share par value is $10; book value is $69 per share. 9.70 million shares are issued and outstanding Prepare the necessary ournal entries assuming the following Enter amounts n dollars. Credit account titles are automatica yinde ted when amontis entered Do not indent manual . entry required, select "No Entry" for the account titles and enter o for the amounts.) (a) The board votes a 2-for-1 stock split. (b) The board votes a 100% stock dividend. No. Account Titles and Explanation Debit Credit To record the declaration) To record the distribution)