Fallingstar, Inc. has 119,000 shares of common stock issued and outstanding, with a par value of $0.03 per share. It declared a 17% common stock dividend; market value is $21.00 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 Stock Dividends $424,830, credit Common Stock Dividend Distributable $607, and credit Paid - In Capital in Excess of Par-Common $424,223 B. debit Stock Dividends $424,830 and credit Paid - In Capital in Excess of Par-Common $424,830 C. debit Stock Dividends $424,830 and credit Cash $424,830 O D. debit Common Stock Dividend Distributable $607, debit Paid - In Capital in Excess of Par-Common $424,223, and credit Retained Earnings $424,830 -le, it Willia