Question 20 (1 point) On January 1, Layline Corporation had 160,000 shares of $10 par value common stock outstanding. On June 17, the company declared a 15% stock dividend to stockholders of record on June 20. Market value of the atock was $15 on June 17. The entry to record the transaction of June 17 vould include a debit to Stock Dividends for $360,000 credit to Cash for $360,000. credit to Common Stock Dividends Distributable fox $360,000 credit to c n stock Dividenda Distributable for $120,000 Evaluation Form acoband..seStudy eedsAssess ts ts arbohyd F7