On February 5 , the directors declare a 2% stock dividend distributable on February 28 to the February stockholders of record. The stock's market value is $31 per share on February 5 before the stock divide Exercise 11-10 (Algo) Part 1 1. Prepare entries to record both the cividend declaration and its distribution 1. Prepare entries to record both the dividend declaration and its Journal entry worksheet Record the declaration of a 2% stock dividend. Note: Enter debits before credits. Record the distribution of a 2% stock dividend. Note: Enter debits before credits