The shareholders equity of Core Technologies Company on June 30, 2023, included the following: Common stock, $1 par; authorized, 8 million shares; issued and outstanding, 4 million shares $ 4,000,000 Paid-in capitalexcess of par 16,000,000 Retained earnings 17,000,000 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 $38 on April 1, 2024, and $48 on June 1, 2024. Required: Prepare the journal entries to record the declaration and distribution of the stock dividend