Vincent Corporation has 100,000 share of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock dividend to be issued July 30 to stockholders of record July 15. The market price of the stock was $123 a share on June 30. If no entry is required, select "No Entry Required" and leave the amount boxes blank. Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank. June 30 Stock Dividends Stock Dividends Distributable Paid-in Capital in Excess of Par-Common Stock Journalize the entry required on July 15. July 15 No Entry Required Journalize the entry required on July 30. July 30 Stock Dividends Distributable Common Stock 500,000 36,900