Following is the stockholders equty section as of June 30. On July 1, the directors declare a 2% stock dividend distributable on Jiy 31 to the Jly 15 stockholders of record. The siock's marke value is $36 per share on July 1 belore the stock dividend. 1. Record both the dividend declaration and its distribution. 2. Prepare the stockholders" ecuily section after the stock dividend is distributed. (Assume no other changes to eguty) Enter answers in the tabs belew. Meoord both the dividend decibration and its datribulian. Journal entry worksheet 2 Following is the stockholders' equity section as of June 30 . On July 1, the directors declare a 2% steck dividend distributable on July 31 to the July 15 stockholders of record. The stock's marh value is $36 per share on July 1 before the stock dividend. 1. Fecord both the dividend declaration and its distribution. 2. Prepare the stockholders' equity section after the stock dividend is distributed. (Assume no other changes to equity.) Enter answers in the tabs below. Prepare the stockhelders' equity section after the stock dividend is distributed. (Assume no other changes to equity.)