The corporate charter of Martin Corporation allows the issuance of a maximum of 4,000.000 shares of $1 par value common stock. During its first three years of operation, Martin issued 3,000,000 shares at $10 per share. It later acquired 20,000 of these shares as treasury stock for $25 per share. Based on the above information, answer the following questions: (a) How many shares were authorized? (b) How many shares were issued? (c) How many shares are outstanding? (d) What is the balance of the Common Stock account? (e) What is the balance of the Treasury Stock account? 4. On October 10. the board of directors of Pattern Corporation declared a 15% stock dividend. On October 10, the company had 20,000 shares of $2 par common stock issued and outstanding with a market price of $14 per share. The stock dividend will be distributed on October 31. Journalize the entries needed for the declaration and distribution of the stock dividend