On January 1, Ayayai Corp. had 105000 shares of $10 par value common stock outstanding. On March 17 the company declared a 15% stock dividend to stockholders of record on March 20. Market value of the stock was $12 on March 17. The stock was distributed on March 30. The entry to record the transaction of March 30 would include a

debit to Common Stock Dividends Distributable for $157500.

credit to Cash for $157500.

debit to Stock Dividends for $31500.

credit to Paid-in Capital in Excess of Par Value for $31500.