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To reduce its stock price, Shriver Food Systems, Inc., declared and issued a 75 percent stock dividend. The company has 770,000 shares authorized and 170,000 shares outstanding. The par value of the stock is $1 per share and the market value is $100 per share. Prepare the journal entry to record this large stock dividend. (if no entry is required for a transaction/event, select No Journal Entry Required? in the first account field.) Journal Entry Worksheet Record the declaration of a 75 percent stock dividend on the 170,000 shares of stock outstanding with a par value of $1 per share