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question has 2 parts in August 5 , the board of directors of Nick Co. declared a 5% stock dividend on its 80 million, $2

question has 2 parts
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in August 5 , the board of directors of Nick Co. declared a 5% stock dividend on its 80 million, $2 par, common shares, to be istributed on September 1. The market price of Nick Co.'s common stock was $29 on August 5. Complete the below table to calculate the stock dividend. Prepare a joumal entry that summarizes the declaration and distribution of the stock dividend. Complete this question by entering your answers in the tabs below. Complete the below table to calculate the stock dividend, (Enter your answers in millions (1.e., 10,000,000 should be entered as 10).) Journal entry worksheet Record the declaration and distribution of the stock dividend. Note: Enter debits before credits

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