The stockholders' equity section of the balance sheet for Sweet Treats Corporation on January 12, 2022, follows: (Click the icon to view the data.) On January 12, 2022, the market price of Sweet Treats common stock was $18 per share. Sweet Treats 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 January 12 Retained Earnings Common Stock Paid-in Capital in Excess of Par-Common Debit Credit Requirement 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet. Use parentheses or a minus sign for numbers to be subtracted.) Balance Sheet (Partial) Stockholders' Equity: shares Total paid-in capital $ par, shares Total stockholders' equity Requirement 3. Why is total stockholders' equity unchanged by the stock dividend? The company merely The stock dividend did not change total stockholders' equity because the company gave its shareholders Requirement 4. Suppose ST had a cash balance of $620,000 on January 13, 2022. What is the maximum amount of cash dividends the company can declare? ST's maximum cash dividends Data table Stockholders' Equity Common stock, $0.25 par, 2,300,000 shares authorized, 600,000 shares issued Paid-in capital in excess of parcommon Retained earnings $ 150,000 1,291,520 7,177,000 (205,000) Accumulated other comprehensive income (loss) $ 8,413,520 Total stockholders' equity Print Done