The shareholders' equity accounts of Grouper Inc. have the following balances on December 31, 2020: Common shares, 420,000 shares issued and outstanding $ 9,240,000 Contributed surplus 500,000 Retained earnings 42,600,000 Common shares are currently trading on the Toronto Stock Exchange at $51. 1. A stock dividend of 15% is declared and issued at the fair value of the shares. Prepare the appropriate journal entries. Account Titles and Explanation Debit Credit (To record declaration of stock dividend) (To record distribution of stock dividend) 2. A stock dividend of 100% is declared and issued at the fair value of the shares. Prepare the appropriate journal entries. Account Titles and Explanation Debit Credit (To record declaration of stock dividend) (To record distribution of stock dividend) 3. A 2-for-1 stock split is declared and issued. Prepare the appropriate journal entry. Debit Credit Account Titles and Explanation