The stockholders' equity for Shorewood, Inc. on December 31, 2017 follows (click the icon to view the stockholders equity on December 31, 2017) On April 30, 2018, the market price of Shorewood's common stock was $22 per share and the company distributed a 15 percent stock dividend Read the murements Requirement 1. Journal to the distruction of the stock dividend Record debit first, then crels Exclude explanations from any journal entries Journal Entry Date Accounts Debit Credit Data table Apr 30 Retained earings Common stock Stockholders' Equity Paid-in capital in excess of a common Paid capital - X Common stock 51 pr. 150,000 shares authorized Requirements 70.000 issued and outstanding Padan capital in excess of par-common Total paid in capital 1. Journalce the dedaration and distribution of the stock dividend 2. Prepare the stockholders uity section of the balance sheet after the stock dividend Retained oaming Total stockholdersey S 70.000 210.000 200,000 290,000 570,000 S answer Print Done