On January 1, Balloon Corporation had 2,000,000 shares of $5 par value common stock outstanding. On May 31 the company declared a 10% stock dividend. Market value of the stock was $12 per share. As a result of this event, Prepare the journal entry: a) For the declaration of the dividend. c) For the issuance of the dividend. Edit View Insert Format Tools Table 12pt Paragraph I BI U Averpul oor