The stockholders' equity of Lakeshore Occupational Therapy, Inc. on December 31, 2023, follows: (Click the icon to view the data) Read the requirements (Click the icon to show additional information.) Requirement 1. Journalize the declaration and distribution of the stock dividend. (Record debits first, then credits. Select the explanation on the last line of the First, joumaze the declaration of the stock dividend. Data Accounts and Explanation: Apr 30 Stock Dividends Common Stock Dividend Distributable Paid-In Capital in Excess of Par-Common Declared an 11% stock dividend Requiremen Debit Credit 600 100 500 More Info Data Table Stockholders' Equity Paid-In Capital Common Stock-$2 Par Value; 1,300 shares authorized, 500 shares issued and outstanding 5 1,000 2,000 Paid-In Capital in Excess of Par-Common Total Paid-In Capital 3,000 Retained Earnings 129,000 $ 132,000 Total Stockholders' Equity Print Done Choose 2 parti nema 1. Joumalize the declaration and distribution of the stock dividend 2. Prepare the stockholders' equity section of the balance sheet as of May 31, 2004 Assume Retained Eamings are $129,000 on April 30, 2024, before the stock dividend, and the only change made to Retained Earnings before preparing the balance sheet was closing the Stock Dividends account. Print Done On April 30, 2024, the market price of Lakeshore's common stock was $12 per share and the company declared an 11% stock dividend. The stock was distributed on May 15 Print Done Final Check