QS 13-7 Accounting for small stock dividends LO P2 Epic Inc. has 10,900 shares of $2 par value common stock outstanding Epic declares a 14% stock dividend on July 1 when the stock's market value is $17 per share. The stock dividend is distributed on July 20. Prepare journal entries for (a) declaration and (b) distribution of the stock dividend. View transaction list Journal entry worksheet