Problem #6 - Accounting for Stock Dividends and Stock Splits Previts Corporation has 20,000, $1 par, common shares outstanding. The market price of the stock is $25 per share. One June 30, the board of directors declares a 100% stock dividend. 1. Record the entry to record the stock dividend on June 30. 2. Assume a 2-for-1 stock split instead of a 100% stock dividend. Record the 2-for-1 stock split. What is the number of shares, par value per share, and market price per share immediately after the 2-for-1 stock split