'E 13-30 Journalizing cash and stock dividends Learning Objective 4 Self-Defense Schools, Inc is authorized to issue 200,000 shares of $2 par common stock. The company issued 73,000 shares at $5 per share. When the market price of common stock was $7 per share, Self-Defense Schools declared and distributed a 14% stock divi- dend. Later, Self-Defense Schools declared and paid a $0.70 per share cash dividend. 1. Common Stock $20,440 Requirements 1. Journalize the declaration and the distribution of the stock dividend. 2. Journalize the declaration and the payment of the cash dividend