On May 1, Greenview Software Ltd. has 88,000 common shares issued and outstanding. Suppose Greenview distributes a 12% stock dividend on May 11 when the market price (fair value) of its shares is $11.00 per share. 1. Journalize Greenview's declaration of the shares dividend. An explanation is not required. 2. What was the overall effect of the stock dividend on Greenview's total assets? What about on its total liabilities and its total shareholders' equity? Requirement 1. Journalize Greenview's declaration of the shares dividend. An explanation is not required. (Record debits first, then credits. Explanations are not required.) Journal Entry Date Accounts Debit Credit May 11 Requirement 2. What was the overall effect of the stock dividend on Greenview's total assets? What about on its total liabilities and its total shareholders' equity? The stock dividends have on total assets. The stock dividends have on total liabilities. The stock dividends have on total shareholders' equity