What are the calculations for this

Madison Company reported the following stockholders' equity section in its most recent balance sheet- (Click the icon to view the capital structure) Madison Company declared a stock dividend of 524,400 shares on a date when the firm's common stock was selling for $22 per share The shares issued to satisfy the stock dividend are newly issued shares, not treasury shares and the treasury shares are not entitled to the stock dividend. Provide the journal entries at the declaration date and the issue date Prepare the stockholders' equity section of the balance sheet after the issuance of the dividend Providethejournal entries at the declaration date and the issue date. (Record debits first, then credits. Exclude ex lanations from an mournal entries First record the journal entry to account for the stock dividend on the date of declaration Account Dividends Common Stock Dividends Distributable Date of Declaration .2T622,ooo 2,624000 Now, record thejournal entry to close the dividends account on the date of distribution Account Common Stock Dividends Distributable Common Stock Par Ask my instructor Date of Distribution 2$221000 Capital Structure Stockholders' Equity Common Stock ($5 par valuey 21400P00 shares authorized, 1 shares issued, 1 3311 TOOO shares outstanding) Additional Paid-in Capital in Excess of Par Common Total Contributed Capital Retained Earnings Total, Contributed Capital and Retained Earnings Less Cost of Treasury Stock (46i000 shares) Total Stockholders' Equity s s s s Balance 677857000 127109000 181894000 31474000 (1840000) 29634000