The shareholders' equity of Core Technologies Company on June 30, 2023, included the following: Common stock, $1 par; authorized, 7 million shares; issued and outstanding, 2 million shares Paid-in capital-excess of par Retained earnings $ 2,000,000 8,000,000 20,000,000 On April 1, 2024, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies' common stock was $36 on April 1, 2024, and $46 on June 1, 2024. Required: Prepare the journal entries to record the declaration and distribution of the stock dividend. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field