Fastline Corporation had 12,000 shares of $10 par value common stock outstanding when the board of directors declared a stock dividend of 4.680 shares. At the time of the stock dividend, the market value per share was $18. The entry to record this dividend is: Multiple Choice o C) Debit Retained Earnings $84 240 Credit Common Stock Dividend Distributable $84.240 o Debit Common Stock Dividend Distributable $84,240; credit Retained Earings $84,240 o Debil Releired Earnings $84 240, credil Common Stock Dividend Distribulable $46,800, credil Pardin Capital in Excess of Par Value, Curro Stock $37440 o No silv: 1:: o Debit Retained Carnings $16.800: Credit Common Stock Dividend Distributable $16800