Where would the stock divdens for the other side come from?

Statement of Retained Earnings Use the following data to prepare a statement of retained earnings for Schauer Corporation Total retained earnings originally reported as of January 1 Stock dividends declared during the year Cash dividends declared during the year Net income for the year $347,000 5,000 40,000 65,000 SCHAUER CORPORATION Statement of Retained Earnings For the Year Ended December 31 Retained Earnings, January 1 # $ 347,000 Add: Net Income 5,000 Less: Cash Dividends Declared? 40,000 Stock Dividends Declared 5,000 Retained Earnings, December 31 Check