On January 1, 2022, Sheffield Corp. had $1,140,000 of common stock outstanding that was issued at pur and retained earnings of $789.000. The company issued 33.000 shares of common on July 1 and earned net income of $527.000 for the year. Journalire the declaration of a 17% stock dividend on December 10, 2022, for the following two independent assumptions. (Credit accounts are automatically indented when amounts Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Donat Par value is $10 and market price is $15. b) Par value is $5 and market price is $9. No. Account Tities and Explanation Debit Credit a Stock Dividends Common Stock Dividend. Distributable Paid in Capital in Bress of Par Value-Common Stock