Your answer is partially correct The following data were taken from the balance sheet accounts of Monty Corporation on December 31, 2019 Current assets Debt levestments (trading) $521000 622,000 Common stock (par value 510) 523,000 Paid-in capital in excess of par 135,000 820,000 Retained earnings Prepare the required journal entries for the following unrelated items (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts) (a) A 6% stock dividend is (1) declared and distributed at a time when the market price per share is $38 (b) The par value of the common stock is reduced to $2 with a 5-for-1 stock split (c) A dividend is declared January 5, 2020, and paid January 25, 2020 in bonds held as an investment. The bonds have a book value of $209,000 and a fair value of $126.000 No. Date Account Titles and Explanation 20 al(2) Retained Earnings Common Stock Dividend Distributable Paid-in Capitalin Excess of Par Common Stock bl . 5.2000 (To record change in value of bondh Jan 25, 2000 (To record the declaration of dividends) eTextbook and Media Debit Cred 119044