On December 1, 2017, Arthur, Inc. had 31,000 shares of exist10.00 par value common stock issued and outstanding. The next day it decked a 50% stock dividend. The market value of the stock on that date was exist22.00 per share. Which of the following is the correct journal entry to record this transaction? A. debit Stock Dividends exist582.0C0.00, credit Common Stock exist310, 030.00, and credit Paid - In Capital in Excess of Par exist372.000.00 B. debit Common Stock exist155,000.00 and credit Cash exist155,000.00 C. debit Stock Dividends exist382.000.00 and credit Cash exist682,000.00 D. credit Stock Dividends exist155.000.00 and credit Common Stock Dividend Distributable exist155.000.00