On January 1, Pelican Corporation had 240,000 common shares issued. On March 17, the company declared a 5% stock dividend to be distributed on March 30. The market value of the shares was $9 on March 17 and $12 on March 30. The entry to record the March 17th transaction would include a credit to Retained Earnings for $12,000 credit to Cash for $108,000 credit to Stock Dividends Distributable for $108,000 debit to Common Stock Dividends Distributable for $144,000 O None of the above