On January 1, Sheridan Corporation had 143000 shares of $10 par value common stock outstanding. On June 17 , the company declared a 12% stock dividend to stockholders of record on June 20. Market value of the stock was $12 on June 17 . The entry to record the transaction of June 17 would include a credit to Common Stock Dividends Distributable for $68640 . credit to Common Stock Dividends Distributable for $205920 . credit to Cash for $205920 . debit to Stock Dividends for $205920