On January 1, 2017, Indigo Corporation had $1,240,000 of common stock outstanding that was issued at par and retained earnings of $826,000. The company issued 28,000 shares of common stock at par on July 1 and earned net income of $449,000 for the year. Journalize he declaration o a 17% stock dvidend on December 10, 2017, or he ollowing two independent assumptions. Credit account tes are auton at Cal ,inden ed when an untie tered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) Par value is $10 and market price is $16. (b) Parvalue is $5 and market price is $9. No. Account Titles and Explanation Debit