On January 1, Cheyenne Corp. had 117,000 shares of $10 par value common stock outstanding. On March 17 the company declared a 5% stock dividend to stockholders of record on March 20. Market value of the stock was $14 on March 17. The entry to record the transaction of March 17 would include a a.credit to Stock Dividends for $23,400. b.credit to Common Stock Dividends Distributable for $58,500. c.debit to Common Stock Dividends Distributable for $58,500. d.credit to Cash for $81,900