Fallingstar, Inc. has 103,000 shares of common stock issued and outstanding, with a par value of $0.07 per share. It declared a 16% common stock dividend: market value is $12.00 per share. Which of the following is the correct journal entry to record the transaction? (Round your answers to the nearest whole dollar.) O A debit Common Stock Dividend Distributable 51,154, debit Paid In Capital in Excess of Par-Common $196,606, and credit Retained Earnings $197.760 OB. debit Stock Dividends $197.760 and credit Cash $197.760 O c. debit Stock Dividends $197.760 and credit Paid - In Capital in Excess of Par-Common $197,760 OD. debit Stock Dividends $197.760, credit Common Stock Dividend Distributable 51.154, and credit Paid - In Capital in Excess of Par-Common $196,606