The shareholders' equity of Raven Company is as shown: Raven is considering the declaration and issuance of a stock dividend at a time when the market price is $30 per share. Required: 1. Assuming the board of directors recommends a 6% stock dividend, propare: a. the joumal entry at the date of declaration b. the joumal entry at the date of issuance c. shareholders'equity after the issuance 2. Assuming, instead, that a 40% stock dividend is recommended, answer a,b, and c of Requirement 1. Prepare the appropriate journal enthes for the doclaration on December 1 and paymont or distribution of the dividend on Docember 15 , issuming the bourd of directars recommends a 6% s Generat,voumal instructions Prepare the appropriate joumat entries for the decluation on December 1 and payment or disentufion of the didend on December is, assuming the board of directars recommends a A08 Prepare the sharenolders' equiy section of Raven's bulance sheef at Docember 31 , assuming the baard of directors recornmends a G\% stock dividend Prepare the sharebolders' equily section of Raven's balance sheet at December 31 , assuming the board of divectors recommends a to\%s stock dividend