Question 2: (5 Marks) On October 10, the board of directors of FT Corporation declared a 10% stock dividend. On October 10, the company had 10,000 shares of $1 par common stock issued and outstanding with a market price of $15 per share. The stock dividend will be distributed on October 31 to shareholders of record on October 25. Required: Journalize the entries needed for the declaration and distribution of the stock dividend