The stockholders equity accounts of Palmetto Company had the following balances on December 31, 2014.

Common stock, $1 par, 1,500,000 shares issued and outstanding ..................$ 1,500,000

Paid-in capital in excess of par ...........................................................................6,900,000

Retained earnings ...........................................................................................25,750,000

On December 31, 2014, Palmetto Company stock was selling for $17 per share.

Prepare the appropriate journal entry for each of the following independent events. If the event does not require a journal entry, write the words No entry required as your answer. Identify each answer using the letter shown below.

(a.) A stock dividend of 200% is declared and issued.

(b.) A stock dividend of 10% is declared and issued.

(c.) A 3-for-1 stock split is declared and issued