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eBook Entries for Stock Dividends Senior Life Co. Is an HMO for businesses in the Portland area. The following account balances appear on the balance sheet of Senior directors declared a 2% stock dividend when the market price of the stock was S13 a share. Senior ufe Co. reported no income or les for the arret For a compound transaction, if an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" from the dropdown. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value Show Me How Print tem authortzed; s00,000 shares issued), $4 par, $2,000,000; Paid-in capital in excess of par-commen stock, $1,000,000, and Retained eamings, $33,s0o,000. The board ef Life Co.: Common stock (800,000 shares a2. Journalize the entry to record the issuance of the stock certificates b. Determine the following amounts before the stock dividend was deciared: (1) total paid-in capital, (2) total retained earnings, and (3) total stociknolders' equity Total paid-in capital Total retained earnings Total stockholders equity c. Determine the fowing amout after the stock dividend was dedaeg and cosing entries were recerde at the end of the year:a atl reared earnings, and (3) total stockholders' equity. Net Previous Check My Work

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