Fallingstar, Inc. has 118,000 shares of common stock issued and outstanding, with a par value of $0.09 per share. It declared a 14% common stock dividend; market value is $14.00 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 $1,487, debit Paid In Capital in Excess of ParCommon $229,793, and credit Retained Earnings $231,280 B. debit Stock Dividends $231,280 and credit Paid In Capital in Excess of ParCommon $231,280 C. debit Stock Dividends $231,280 and credit Cash $231,280 D. debit Stock Dividends $231,280, credit Common Stock Dividend Distributable $1,487, and credit Paid In Capital in Excess of ParCommon $229,793