Print 6. The stockholders' equity of Lakeside Occupational Therapy, Inc. on December 31, 2017, follows: (Click the icon to view the data.) ?(Click the icon to show additional information.) Read the requirements3. Requirement 1. Journalize the declaration and distribution of the stock dividend. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) First, journalize the declaration of the stock dividend. Date Accounts and Explanation Debit Credit Apr. 30 Now journalize the distribution of the stock dividend. Date Accounts and Explanation Debit Credit May 15 Requirement 2. Prepare the stockholders' equity section of the balance sheet as of May 31, 2017. Assume Retained Earnings are $120,000 on April 30, 2018, before the stock dividend, and the only change made to Retained Earnings preparing the balance sheet was closing the Stock Dividends account Print Lakeside Occupational Therapy, Inc. Balance Sheet (Partial) May 31, 2018 Stockholders' Equity Pald-In Capital: (12) (13) (14) Total Pald-in Capital (15) Total Stockholders' Equity 1: Data Table Stockholders' Equity Paid-In Capital: Corririon Stock-$1 Par Value; 1,200 shares authorized, 400 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital $ 400 1,600 2,000 120,000 Retained Earnings $ 122,000 Total Stockholders Equity 2: More Info On April 30, 2018, the market price of Lakeside's common stock was $16 per share and the company declared a 13% stock dividend. The stock was distributed on May 15. Print 3: Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet as of May 31, 2018. Assume Retained Earings are $120,000 on April 30, 2018, before the stock dividend, and the only change made to Retained Earnings before preparing the balance sheet was closing the Stock Dividends account. Treasury Stock-Common (1) O O Cash O Common Stock-$1 Par Value Common Stock Dividend Distributable O Paid-In Capital from Treasury Stock Transactions O Pald-In Capital in Excess of Par-Common O Retained Earnings Stock Dividends Treasury Stock-Common (2) O O Cash Corrmon Stock-$1 Par Value Common Stock Dividend Distributable O Pald-In Capital from Treasury Stock Transactions Paid-In Capital in Excess of Par-Common O Retained Earnings Stock Dividends Treasury Stock-Common (3) O O Cash Common Stock-$1 Par Value O Common Stock Dividend Distributable O Pald-In Capital from Treasury Stock Transactions O Paid-In Capital in Excess of Par-Common O Retained Earnings Stock Dividends Treasury Stock-Common (5) O O Payment of cash dividend. O Cash Common Stock-$1 Par Value O Common Stock Dividend Distributable O Pald-In Capital from Treasury Stock Transactions O Paid-In Capital in Excess of Par-Common O Retained Earnings O Stock Dividends Declared a 13% stock dividend. Issued 13% stock dividend. Issued common stock for cash. Treasury Stock-Common (8) O Cash O Common Stock-$1 Par Value O Common Stock Dividend Distributable O Paid In Capital from Treasury Stock Transactions O Paid-In Capital in Excess of Par-Common O Retained Earnings Stock Dividends Treasury Stock-Common (7) O O Paid-In Capital from Treasury Stock Transactions Cash O Paid-In Capital in Excess of Par-Common O Common Stock-S1 Par Value O Retained Earnings Common Stock Dividend Distributable O Stock Dividends Treasury Stock-Common (8) O O Cash Common Stock-$1 Par Value O Common Stock Dividend Distributable O Pald-In Capital from Treasury Stock Transactions O Paid-In Capital in Excess of Par-Common O Retained Earnings Stock Dividends Treasury Stock-Common (10) O O Payment of cash dividend. (9) O Cash Common Stock-$1 Par Value O Common Stock Dividend Distributable O Pald-In Capital from Treasury Stock Transactions O Paid-In Capital in Excess of Par-Common Retained Earnings O Stock Dividends Declared a 13% stock dividend. Issued 13% stack dividend. Issued common stock for cash. Retained Earnings (11) O O 400 shares authorized, 1,200 shares authorized, 400 shares Issued and outstanding 452 shares issued and outstanding Common Stock-$.50 Par Value; O Common Stock-$1 Par Value; O Pald-In Capital In Excess of Par-Common O Retained Earnings (12) O 400 shares authorized, O 1,200 shares authorized, O 400 shares issued and outstanding O 452 shares issued and outstanding O Common Stock-$.50 Par Value; Common Stock-$1 Par Value: O Paid-In Capital in Excess of Par-Common O Retained Earnings (13) O 400 shares authorized, O 1.200 shares authorized, 0 400 shares issued and outstanding 452 shares issued and outstanding O Common Stock-9.50 Par Value; O Common Stock-$1 Par Value; Paid-In Capital in Excess of Par-Common O Retained Earnings (14) O 0400 shares authorized, O 1,200 shares authorized, 400 shares issued and outstanding O 452 shares issued and outstanding O Common Stock-$.50 Par Value; O Corrmon Stock-$1 Par Value; Paid-In Capital in Excess of Par-Common O Retained Earnings (15) O O400 shares authorized O 1,200 shares authorized, 400 shares issued and outstanding 452 shares issued and outstanding O Common Stock-$.50 Par Value; O Common Stock-$1 Par Value; Paid-In Capital in Excess of Par-Common