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Stock Dividends Healthy Life CO. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Lfe's balance sheet as of January 1: Common Stock (3,000,000 shares authonzed; 2,200,000 shares issued), $15 par, $33,000,000; Paid-In Capital in Excess of Par-Common Stock, $9,000,000; and Retained Earnings, $89,550,000 The board of directors deciared a 5% stock dividend on June 1 . The market price of the stock was $18 per share on June 1 for stockhoiders of record July 15 to be distributed on Augunt 15. No other stock transactions occurred during the year: a. Illustrate the effects of the declaration and distribution of the stock dividend on the accounts of Healthy Life Co. If no account or activity is affected, select "No effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. Illustrate the effects of the declaration and distribution of the financial statements of Healthy Life Co. If no account or activity is affected, select "No effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts. b. Determine the following amounts before the stock dividend was declared on June 1

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