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Senior Life Co, is an HMO for businesses in the Portiand area. The following account bolances appear on the balance sheet of Senior Life Co,

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Senior Life Co, is an HMO for businesses in the Portiand area. The following account bolances appear on the balance sheet of Senior Life Co, Common stock ( 440,000 board of directors declared a 14 stock dividend when the market price of the stock was $153 a share. 5 enior Life Co. reported no income or loss for the cument year. If an amount box does not reouire an entry, leave it blank. If no entry is required, select "No entry required" from the dropdown. a1. Journaize the entry to record the declaration of the ofvidend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certificates b. Determine the following amounts before the stock dividend was ceclared: (1) total paid-in capital, (2) total retained eamings, and (3) total ytackeolders' eoi ik: c. Determine the following amounts after the stock awidend was declared and olosing entries were recorded at the end at the year: (1) total pald-in capital, (2) total retained earnikgs, and (y) total stockholders' eguity

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