On June 13 , the board of directors of Siewert Incorporated declared a 5% stock dividend on its 140 million, $1 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $34 on June 13. Prepare a journal entry that summarizes the declaration and distribution of the stock dividend. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Journal entry worksheet Record the declaration and distribution of the stock dividend. Note: Enter debits before credits