Healthy Life $Co.$ is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Life's balance sheet Common stock $(800,000$ shares authorized; $470,000$ shares issued$),$ $$5$ par, $$2,350,000$; Paid$-$in capital in excess of par$-$common stock, $$1,000,000$; and Retained earnings, $$33,045,000.$ The board of directors declared a $1\%$ stock dividend when the market price of the stock was $$13$ a share. Healthy Life reported no income or loss for the current year.

Required:

a$.$ Journalize the entries to record $(1)$ the declaration of the dividend, capitalizing an amount equal to market value, and $(2)$ the issuance of the stock certificates.

b$.$ Determine the following amounts before the stock dividend was declared: $(1)$ total paid$-$in capital, $(2)$ total retained earnings, and $(3)$ total stockholders' equity.

c$.$ Determine the following amounts after the stock dividend was declared and closing entries were recorded at the end of the year. $(1)$ total paid$-$in capital, $(2)$ total retained earnings, and $(3)$ total stockholders' equity.