**Not sure if the EQUITY Investment part is correct but I don't have Investment (Bonds) as an option**

Current assets Debt investments Common stock (par value $10) Paid-in capital in excess of par Retained earnings $520,000 603,000 498,000 142,000 827,000 Prepare the required journal entries for the following unrelated items. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (b) (c) A 5% stock dividend is (1) declared and (2) distributed at a time when the market price per share is $35 The par value of the common stock is reduced to $2 with a 5-for-1 stock split. A dividend is declared January 5, 2017, and paid January 25, 2017, in bonds held as an investment. The bonds have a book value of $93,000 and a fair value of $148,000. Account Titles and Explanation Retained Earnings Common Stock Dividend Distributable Paid-in Capital in Excess of Par- Common Stock Common Stock Dividend Distributable No. Date Debit Credit Common Stock No Entry 0 No Entry 0 No Entry 0 (c) Jan. 5, 2017Equity Investments To record change in value of bonds) Retained Earnings Property Dividends Payable To record the declaration of dividends) Property Dividends Payable Equity Investments an. 25, 2017