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Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend.

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Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. 3. Why is total stockholders' equity unchanged by the stock dividend? 4. Suppose Icy Pop had a cash balance of $550,000 on September 12,2022 . What is the maximum amount of cash dividends the company can declare? Data table Requirement 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend, (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet. Use parentheses or a minus sign for numbers to be subtracted.) Balance Sheet (Partial) Stockholders' Equity: shares Total paid-in capital Total stockholders' equity The stockholders' equity section of the balance sheet for Icy Pop Corporation on September 11, 2022, follows (Click the icon to view the data.) On September112022the market price of Icy Popcommon stock was \$18per share. Icy Popdeclared and distributed a 15 stock dividend on this date. Read the requirements. Requirement 1. Journalize the declaration and distribution of the 15% stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries.) Requirement 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet. Use parentheses or a minus sign for numbers to be subtracted.)

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