The stockholders' equity for Dairy Place Corporation on April 13, 2017, follows: On April 13, 2017, the market price of Dairy Place common stock was $15 per share. Assume Dairy Place declared and distributed a 10% stock dividend on this date. Read the requirements Requirement 1, Journalize the declaration and distribution of the 10% stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries.) Requirement 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. (Enter the accounts in the proper order for the Requirement 3. Why is total stockholders' equity unchanged by the stock dividend? The stock dividend did not change total stockholders' equity because the company gave its shareholders The company merely Requirement 4. Suppose DP had a cash balance of $530,000 on April 14, 2017. What is the maximum amount of cash dividends DP can declare? DP's maximum cash dividends