Problem: The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity: a. Purchased $3.5 million in treasury stock. b. Declared and paid cash dividends in the amount of $254.2 million. c. Issued 100 percent common stock dividend involving 222.5 million additional shares with a total par value of $556.3 million. Requirement: Prepare a journal entry for the above transactions. My Quesiton: I just need the journal entry for PART C. I know how to do the other parts. Also could someone please explain what C is saying? Thank you.

Guru thanks for the answer however this question is stated as it is stated in the book I have not included my answer I was just asking for the journal entry for part C.