Penguin Company has the following information regarding its common stock: $21 par, with 300,000 shares authorized, 132,000 shares issued, and 130,600 shares outstanding. On August 22, Penguin declared and paid a 15% stock dividend when the market price of the common stock was $28 per share. Required: 1. Prepare the journal entries to record declaration and payment of this stock dividend. If an amount box does not require an entry, leave it blank. Aug. 22 2. Prepare the journal entries to record declaration and payment assuming it was a 30% stock dividend. If an amount box does not require an entry, leave it blank. Aug. 22