Pillsbury Company declares and distributes a 30% common stock dividend when it has 10,000 shares of $10 par common stock outstanding. The market price per share is $60 at the date of declaration. Which journal entry is prepared? A.)Debit retained earnings $180,000, credit common stock $30,000 and credit Paid in capital in excess of par common $150,000 B.)Debit retained earnings $180,000 and credit paid in capital in excess of par common stock $130,000 C.)Debit Retained earnings $180,000 and credit common stock $180,000 D.)Debit Retained earnings $30,000 and credit common stock $30,000 Orlando Corporation incorporated on January 2, 2017. During 2017, Orlando had the following transactions: issued 20,000 shares of common stock at $25 per share. The par value per share is $1. purchased 4000 shares of treasury stock at $28 per share had net income of $400,000 What is the total amount of stockholders' equity as of December 31, 2017? A.)900,000 b.)$612,000 c.)788,000 d.)$500,000