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solve it all please Maity, lic, had 280,000 shares of $4 par value common itock issued and outstanding as of August 15, 2024. The company

solve it all please
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Maity, lic, had 280,000 shares of \$4 par value common itock issued and outstanding as of August 15, 2024. The company s authotirod to issue 1,200,000 cormmon shares. On August 15. 2024. Maty declared a 50% s slock dividend when the market value for Math's common slock was $6 per share. The stock was issend on Aug 30 Road theirguiements. Requirement 1. Joumalze the declaraion and distribution of the slock dwidend (Record sebits first then eroats. Seloct the weplanation on the hast ine of the joumal anty tacin. ). Starl by journal teing the dectaration of the shock dividend Now purnalice the dstribution of the stack dridend. Recuirement 2. How many shates of comnion siock an culstanding afor tho diviobnd? The number of tharos of conmon wock custanding iear the dinsond = Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. How many shares of common stock are outstanding after the dividend

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