Practice Exercise 15-5 The stockholders' equity accounts of Pina Company have the following balances on December 31, 2017. Common stock, $3 par, 900,000 shares issued and outstanding Paid-in-capital in excess of par common stock Retained earnings $2,700,000 3,780,000 9,019,000 Shares of Pina Company stock are currently selling on the Midwest Stock Exchange at $21. Prepare the appropriate journal entries for each of the following independent cases. A stock dividend of 10% is declared and issued. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit Retained Earnings 270000 Common Stock Dividend Distributable 270000 Paid-in Capital in Excess of Par Preferred Stock Common Stock Dividend Distributable Common Stock