Risingstar Corporation currently has 137,000 shares outstanding of $3 par value common stock. The stock was originally issued for $12 per share. On March 15, the board of directors declares a 15% stock dividend when the stock is selling for $20 per share. Which of the following is the correct journal entry to record this transaction? (Do not round intermediate calculations.) Question content area bottom Part 1 A. debit PaidIn Capital in Excess of ParCommon $411,000 and credit Retained Earnings $411,000 B. debit Common Stock Dividend Distributable $61,650, debit PaidIn Capital in Excess of ParCommon for $349,350 and credit Retained Earnings $411,000 C. debit Stock Dividends $411,000 and credit Common Stock Dividend Distributable $411,000 D. debit Stock Dividends $411,000, credit Common Stock Dividend Distributable $61,650 and credit PaidIn Capital in Excess of ParCommon $349,350