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Lenuing Swifty Corporation's stockholders' equity section at December 31, 2019. appears below. $840,000 Stockholder's equity Paid-in capital Common stock. $10 par, 84,000 outstanding Paid-in capital

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Lenuing Swifty Corporation's stockholders' equity section at December 31, 2019. appears below. $840,000 Stockholder's equity Paid-in capital Common stock. $10 par, 84,000 outstanding Paid-in capital in excess of par Total paid-in capital Retained earnings Total stockholder's equity 168.000 $1.008.000 157.000 51.165,000 On June 30, 2020, the board of directors of Swifty Corporation declared a 15% stock dividend payable on July 31, 2020, to stockholders of record on July 15, 2020. The fair value of Swifty Corporationis stock on June 30, 2020, was $16, On December 1, 2020. the board of directors declared a 2-for-1 stocksplit effective December 15, 2020. Swifey Corporation's was selling for $18 on December 1, 2020, before the stock split was declared. Par value of the stock was adjusted. Net income 2020 was $235,000 and there were no cash dividends dedared {a) Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split. (Credit account titles are automatically indented when the amount is entered. Do not inden manually. If no entry is required, select "No Entry for the account it and enter for the amounts Record journal entries in the order in which they must have occurred) Date Account Titles and Explanation Debit Credi

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