Checl Common stock, $1 par; authorized, 8 mil1lion shares; issued and outstanding, 3 million shares Paid-in capital-excess of par Retained earnings $ 3,000,000 12,000,000 14,000,000 On April 1, 2021,...

Extracted text: Checl Common stock, $1 par; authorized, 8 mil1lion shares; issued and outstanding, 3 million shares Paid-in capital-excess of par Retained earnings $ 3,000,000 12,000,000 14,000,000 On April 1, 2021, the board of directors of Core Technologiles declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies'.common stock was $30 on April1, 2021, and $40 on June 1, 2021. Required: Complete the below table to calculate the stock dividend. Prepare the journal entries to record the declaration and distribution of the stock dividend. Complete this question by entering your answers in the tabs below. General, Journal Stock Dividend Complete the below table to calculate the stock dividend. Stock Dividend Number of outstanding shares Stock dividend percentage (%) Number of shares to be issued S. Value of stock dividend General Journal < prev="" 22="" of="" 23="" next=""> Question no...pages Question no...pages %24