Oxdoed Communications, Inc, began 2018 wh 260,000 shares of $1 par common stock issued and outstanding. Beginning Paid-in capital in excoss of par-comemon was 5570,000 , and rotained eamings was $810,000. In June 2018 , Odford Communications, Ine, issued 9,000 shares of stock at $13 per share- in October, when the stock's market price was $15 per share, the board of directors distrbuted a 20 percent stock dividend Read the ceguirements Requirement 1. Make the journal entries for the issuance of stock for cash and for the declaration and distribution of the 20 percent stock dividend. (Record debits first, then credits. Ex= explanations from any joumul enties.) Requirement 2. Prepare the company's statement of stockholders' equity for the year ended December 31, 2018, (Enter the labels in chronological onder, Use parentheses or a minus sign when subtracting numbers. For accounts whth a 50 balance, leave the cell blank. Do not enter a +0.) \begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Oxford Commennications, Ine. } \\ Statement of Stockholders' Equity \\ Year Ended December 31, 2018 \end{tabular}