The following dashboard shows a company's stockholders' equity section on January 2 prior to any stock dividend or split. On January 2 , the board of directors declares a 40% stock dividend distributable on January 31 to the January 15 stockholders of record. The stock's market value is $3 per share on January 2 before the stock dividend. Enter answers for each of the following tabs. Prepare journal entry to record the dividend distribution. Journal entry worksheet Record the distribution of the 40 percent stock dividend. Note: Enter debits before credits. The following dashboard shows a company's stockholders' equity section on January 2 prior to any stock dividend or split. On January 2 , the board of directors declares a 40% stock dividend distributable on January 31 to the January 15 stockholders of record. The stock's market value is $3 per share on January 2 before the stock dividend. Enter answers for each of the following tabs. Compute the number of shares outstanding after the dividend distribution. The following dashboard shows a company's stockholders' equity section on January 2 prior to any stock dividend or split. On January 2 , the board of directors declares a 40% stock dividend distributable on January 31 to the January 15 stockholders of record. The stock's market value is $3 per share on January 2 before the stock dividend. Enter answers for each of the following tabs. Prepare the stockholders' equity section after the dividend distribution. The following dashboard shows a company's stockholders' equity section on January 2 prior to any stock dividend or split. On January 2 , the board of directors declares a 40% stock dividend distributable on January 31 to the January 15 stockholders of record. The stock's market value is $3 per share on January 2 before the stock dividend. Enter answers for each of the following tabs. Prepare journal entry to record the dividend declaration. Journal entry worksheet Record the declaration of a 40 percent stock dividend. Note: Enter debits before credits