On January 1, Bramble Corporation had 72000 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 credit to Cish for $106000. debit to Stock Dividends for $21600 credit to Pald-In Capital in Excess of Par for $21000. debit to Common Stock Dividends Distributable for $108000