The stockholders' equity for Shami, Inc., on December 31, 2017, follows: (Click the icon to view the stockholders' equity on December 31, 2017.) On June 30, 2018, the market price of Shami's common stock was $17 per share and the company distributed a 10 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 Accounts Date A Data Table Debit Credit Jun 30 Stockholders' Equity Paid-in capital: Common stock, $1 par, 300,000 shares authorized, 30,000 issued and outstanding Paid-in capital in excess of par-common Total paid in capital 30,000 270,000 Retained earnings 300,000 290,000 590,000 Total stockholders' equity Choose from any list or enter any number in the input fields and then click Check Answer. Print Done 1 1 pemaining - part remaining Clear All