Vincent Corporation has 100,000 share of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 6% stock dividend to be issued July 30 to stockholders of record July 15. The market price of the stock was $115 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.