QUESTION 14 Bradford Company reported stockholders' equity on December 31 of the prior year as follows Common stock $10 par value, 1,000,000 shares authorized. 400,000 shares issue $4.000.000 Paid-in capital in excess of par, common stock. 1.500.000 Retained earnings. 3.500.000 Required; Prepare the journal entries for the following selected transactions that occured during the current year: A) February 15: The board of directors declared a 5 stock dividend to stockholders of record on March 1. The stock was selling for $12 per share. 8) March & Distributed the stock dividend CMay 1: A cash dividend of $0.50 per share was declared by the board of directors to stockholders of record on May 20. payable June 1. D) June 1: Paid the cash dividend E) August 20: Declared and distributed a 4-for-1 stock split. 10 points Save Autwar