The stockholders' equity for Lakeville, Inc., on December 31, 2017. follows: em Click the loon to view the stockholderi equity on December 31, 2017) On April 30, 2018, the market price of Lakeville's common stock was $12 per share and the company distributed a 15 percent stock dividend, Read the requirements Requirement 1. Journalize the distribution of the stock dividend. (Record debits first, then credits Exclude explanations from any journal entries) Journal Entry Debit Credit Accounts Date Cash Apr 30 Common stock Paid-in capital in excess of par-common Lakev ne sto et prid Data Table - X Stockholders' Equity me di: Paid-in capital: Common stock, $1 par, 450,000 shares authorized, 70,000 issued and outstanding $ 70,000 140,000 Paid-in capital in excess of par--common Total paid in capital Retained earnings 210,000 290,000 stocl pita $ 500,000 Total stockholders' equity Print Done an