Green Acres Corporation was established on May 24, 2020. Mayberry is authorized to issue 500,000 shares of $2.00 par value common stock. At December 31, 2020, Green Acres had 100,000 shares issued & outstanding and Paid-In Capital of $1,800,000. On January 3, 2021, Green Acres declared a 15% stock dividend. At that time the common stock was trading for $19/share. Which of the following would be included in the journal entry to record the declaration and payment of the stock dividend?

• Stock Dividends is debited for $30,000

• Common Stock is credited for $30,000

• Additional Paid in Capital is credited for $285,000

• Cash Dividends is debited for $30,000