Jan. 1 2018 Apple Corporation has 100,000 shares of $16 par value capital stock outstanding.

2018

Feb. 10Distributed additional shares of capital stock in a 2-for-1 stock split.Market price per share was $50 immediately before the stock split.

Mar. 15Declared a cash dividend of $0.30 per share stock

April 9Paid the cash dividend to stockholders

May 11Declared a 22% stock dividend.Market price per share was $25.

June 30Issued the shares for the stock dividend declared on May 11.

Prepare the June 30 entry.