On January 1, Sheffield Corporation had 213000 shares of $10 par value common stock outstanding. On June 17, the company declared a 14% stock dividend to stockholders of record on June 20. Market value of the stock was $14 on June 17. The stock was distributed on June 30. The entry to record the transaction of June 30 would include a Odebit to Common Stock Dividends Distributable for $417480. Odebit to Stock Dividends for $417480. O credit to Paid-in Capital in Excess of Par for $119280. O credit to Common Stock for $298200.