The stockholders' equity section of the balance sheet for Frazzle Dazzle Corporation on August 11, 2019, follows: E (Click the icon to view the data.) On August 11, 2019, the market price of Frazzle Dazzle common stock was $19 per share. Frazzle Dazzle declared and distributed a 25% stock dividend on this date. Read the requirements. Requirement 1. Journalize the declaration and distribution of the 25% stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit August 11 Stockholders' Equity Common stock, $0.60 par, 2,500,000 shares authorized, 200,000 shares issued $ Paid-in capital in excess of parcommon Retained earnings 120,000 430,507 7,250,000 (195,000) Accumulated other comprehensive income (loss) $ 7,605,507 Total stockholders' equity