On June 13, the board of directors of Siewert Inc. declared a 5% stock dividend on its 60 million, $2 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $20 on June 13. Complete the below table to calculate the stock dividend. Prepare the journal entry to record the stock dividend.

I have the fist part figured out but the last part is not matching up. can you please help me with this.