Stafford Publishing Inc. was established on February 21, 2020. Stafford is authorized to issue 800,000 shares of $2,00 par value common stock and by December 31, 2020. Stafford had 200,000 shares issued & outstanding and Paid In Capital of $1,800,000. On January 3, 2021, when the common stock was trading for $15/share, Stafford declared a 14% stock dividend. Which of the following would be included in the journal entry to record the declaration and payment of the stock dividend? Multiple Choice Stock Dividends is debited for $56,000 Common Stock is credited for $56,000 Additional Paid in Capital is credited for $420.000 Cash Dividends is debited for $420,000