Marielle Mango Importers Co. has 10,000,000 common shares of stock. The stock's par value is $2 per share, and it has a market price of $25 per share. Marielle then decides to declare and distribute a 40% stock dividend. Answer the following questions related to the journal entry Marielle will make to record this stock dividend. There will be a...

Debit to Retained Earnings of

Credit to Common Stock of

Credit to Additional Paid-In Capital of