The balance sheet of Milan Management Consulting, Inc at December 31, 2017, reported the following stockholders' equity m(Click the icon to view the stockholders' equity section of the balance sheet) During 2018, Milan completed the following selected transactions (Click the icon to view the transactions ) Stockholders' Equity Paid-In Capital Read the requirements Common Stock-$15 Par Value, 300,000 shares authorized, 27,000 shares issued and outstanding 405.000 Requirement 1. Record the transactions in the general journal (Record debits frst, then credits Select the explanation on th 370,000 Paid In Captal in Excess of Par-Common Feb. 6 Declared a 5 % stock dividend on the common stock The market value of Milan's stock was $23 per share 775,000 Total Paid In Capital Credit Debit Accounts and Explanation Date 155.000 Retaned Eanings Feb. 6 930,000 Total Stockholders' Equity - X Done Print More Info Declared a 5 % stock dividend on common stock The market value of 6 Millan's stock was $23 per share 15 Feb Distributed the stock dividend Purchased 1,700 shares of treasury stock at $23 per share Jul 29 Declared a $0 10 per share cash dividend on the common stock outstanding Nov 27 Choose from any list or enter any number if Done Print 5 parts remaining LC