The shareholders equity of Tomorrow Company on December 31, 2021, included the following:

Common stock, $2 par; authorized, 20 million shares;

issued and outstanding, 12 million shares $ 24,000,000

Paid-in capitalexcess of par 84,000,000

Retained earnings 362,568,000

On February 17, 2022, the board of directors of Tomorrow Company declared a 25% stock dividend on common shares, to be distributed on March 21. The market price of Tomorrow common stock was $16.5 on February 17, 2022, and $18 on March 21, 2022.

Required:

(If no entry is required for a transaction/event, write "No journal entry required") 1. Prepare the journal entry to record the stock dividend if the company treats the distribution as normal stock dividends.

2. Prepare the journal entry to record the stock dividend if the company treats the distribution as "large" stock dividends effected in the form of a stock dividend.

3. Prepare the journal entry to record the stock dividend if the company treats the distribution as a stock split.