On January 1, Metlock, Inc. had 118000 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 $15 on March 17. The entry to record the transaction of March 17 would include a O credit to Cash for $265500. O credit to Common Stock Dividends Distributable for $177000. O debit to Common Stock Dividends Distributable for $177000. credit to Stock Dividends for $88500.