HW Score: 26.67%, 4 of 15 pts 3 of 6 (2 complete) Score: 0 of 2 pts Question Help * E13-28 (similar to) authorized to issue 200,000 shares of $3 par common stock. The ompany issued 72,000 shares at $5 per share. When the market pr eof mon stock was $7 per share, Fitness declared and distributed a 14% stock di dend. Later Fitness declared and paid a $0.20 per share cash dividend. Read the requirements Requirement 1. Joumalize the declaration explanation on the last line of the journal entry table.) and the distibution of the stock dividend. (Record debits first, then credits. Select the First, journalize the declaration of the stock dividend. Date Credit Accounts and Explanation Debit Requirements corr 1. Journalize the declaration and the distribution of the stock dividend. 2. Journalize the declaration and payment of the cash dividend. Print Done Choose from any list or enter any number in the input fields and then click Check Answer Par value matket valut 11 70560 Date ccounts and splaanDebit Credit stock dividuods 4p 320 beclored a 14% shock Dividend) Debit Cred it Datc 30 240 30 340 | (Issued 14% stock dividend) Share at = 82080 Tutel cosh dinidend | 72000t lOOR Cash Dividands Dvidends Pabe Co Declarks a cash divien Dabe Debit credt 41 Cosh 041 ut