Exercise 244 (Part Level Submission) Wildhorse Co.'s stockholders' equity section at December 31, 2019, appears below: Stockholder's equity Paid in capital Common stock, $10 par, 65,000 outstanding $650,000 Pald-in capital in excess of par 170,000 Total paid in capital $820,000 Retained earnings 155,000 Total stockholder's equity $95.000 On June 30, 2020, the board of directors of Wildhorse Goddared a 15% stock dividend payable on July 31, 2020, to stockholders of record on July 15, 2020. The fair value of Wildhorse Costock on June 30, 2020, was $16. On December 1, 2020. the board of directors dedared a 2 for 1 stockpit effective December 15, 2020. Wildhorse Costock was selling for $18 on December 1, 2020, before the stock split was dedared. Par value of the stock was used for 2020 w 227.500 and there were no cash dividends dedared (a) Your answer is correct Prepare the journal entries on the corredates to record the stock end and the stock entered. Do not lndent manually. If no entry is required select "No Fatry forth which they must have (Credit c a re Date Account Titles and Explanation Debit Credit 6/30/17 TStock Dividends 156000 Common Stock Dividends Distributable i 97500 58500 17/15/17 Paid-in Capital in excess of Par Value-Common stT No Entry No Entry 7/31/17 | Common Stock Dividends Distributable 97500L MEHREREFORE 97500 T Common Stock No Entry No Entry 22/1/17 12/15/17 ITNO Entry No Entry (b) Fill in the amount that would appear in the stockholders' equity section for Wildhorse Co. at December 31, 2020, for the following items: 1. Common stock 2. Number of shares outstanding 3. Par value per share 4. Paid-in capital in excess of par 5. Retained earnings 6. Total stockholders' equity Click if you would like to Show Work for this question: Open Show Work