The board of directors of Swanson Company declared a 50% stock dividend on its $9 par value common stock. At the time of the declaration there were 310,000 shares of stock outstanding and the market price of the shares on a national exchange was $173. What will be the debit to Retained Earnings on the declaration date? The board of directors of Geary Corporation declared a 10% stock dividend on its $11 par value common stock. At the time of the declaration there were 510,000 shares of stock outstanding and the market price of the shares on a national exchange was $168. What will be the debit to Retained Earnings on the declaration data?