To reduce its stock price, Shriver Food Systems, Incorporated, declared and issued a 50 percent stock dividend. The company has 790,000 shares authorized and 190,000 shares outstanding. The par value of the stock is $1 per share and the market value is $100 per share. Prepare the journal entry to record this large stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < A Record the declaration of a 50 percent stock dividend on the 190,000 shares of stock outstanding with a par value of $1 per share and a market value of $100 per share. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit