Risingstar Corporation currently has 129,000 shares outstanding of $3 par value common stock. The stock was originally issued for $14 per share. On March 15, the board of directors declares a 13% stock dividend when the stock is selling for $22 per share. Which of the following is the correct journal entry to record this transaction? (Do not round intermediate calculations.) O A. debit Paid-In Capital in Excess of Par-Common $368,940 and credit Retained Earnings $368,940 O B. debit Stock Dividends $368,940, credit Common Stock Dividend Distributable $50,310 and credit Paid-In Capital in Excess of ParCommon $318,630 O C. debit Stock Dividends $368,940 and credit Common Stock Dividend Distributable $368,940 O D. debit Common Stock Dividend Distributable $50,310, debit Paid-In Capital in Excess of ParCommon for $318,630 and credit Retained Earnings $368,940