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 15% 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