the new Terms and Conditions Brief Exercise 10-49 Stock Dividend Augusta Corporation reported the following information: 35,000 shares of $3 par value common stock authorized, 30,000 shares common stock 10,000 shares treasury stock. und Required: 1. What is the appropriate journal entry to record a 5% stock dividend if the market price of the common stock is $40 per share when the dividend is declared? 2. What is the appropriate journal entry to record a 309 stock dividend if the market price of the common stock is $40 per share when the dividend is declared? 3. Conceptual Connection: How do these transactions affect Augusta's total stockholders equity? Total stockholders' equity is by these transactions Check My Work more Check My Work uses remaining Submit Assignment for Gradine PCB CODE DDD