is this correct

Fortune, Inc, declares and issues a 40% common stock dividend when it has 1000 shares of 54 par common stock outstanding the market value of the common stock is $20, the journal entry to record the largesto dividend would include CREDIT to Additional Paid in Capital $640.000 ODEBIT to Retained Earnings. $800,000 O CREDIT to Common Stock. $160,000 DEBIT to Cash, $800,000 O CREDIT to Common Stock, $800.000