The stockholders' equity for Lakeville, Inc., on December 31, 2017, follows: (Click the icon to view the stockholders' equity on December 31, 2017.) On January 31, 2018, the market price of Lakeville's common stock was $12 per share and the company distributed a 10 percent stock dividend. Read the requirements. Data table Paid-in capital: Stockholders' Equity Common stock, $1 par, 150,000 shares authorized, 70,000 issued and outstanding Paid-in capital in excess of par-common. Total paid in capital Retained earnings Total stockholders' equity 1 - X Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. $ 70,000 Print Done 770,000 $ 840,000 160,000 1,000,000 CK dividend. (Enter the accounts and labels in the proper order for the stockholders equity section of the balance