Nola, Inc. declares a 10% common stock dividend when it has 60,000 shares of $10 par value common stock outstanding. If the market value of $24 per share is used, the amounts debited to Stock Dividends and credited to Paid-in Capital in Excess of Par are: Paid-in Capital in Stock Dividends Excess of Par

$60,000

$0

$144,000

$84,000

$60,000

$84,000

$144,000

$60,000