Cornerstone Exercise 10-34 (Algorithmic) Stock Dividend Bower Corporation reported the following information: common stock, $1 par; 100,000 thares authorized; 71,000 shares issued and outstand ng Required: 1. What is the appropriate journat entry to record a 10% stock dividend if the market price of the common stock is $30 per share when the dividend is dectared? 2. What is the appropriate journal entry to record a 30$5 stock dividend if the market price of the common stock is 530 per share when the dividend is deciared? (Record isrge steck dividend) 3. How do these transactions affect Bower's total stockholders' equity? Total stockholders equity is by thece transactions