Exercise 14-3Partially correct answer. Your answer is partially correct. Try again. On January 1, 2017, Frontier Corporation had $1,450,000 of common stock outstanding that was issued at par. It also had retained earnings of $745,500. The company issued 41,500 shares of common stock at par on July 1 and earned net income of $390,000 for the year.Journalize the declaration of a 15% stock dividend on December 10, 2017, for the following independent assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)(a) Par value is $10, and market price is $19.(b) Par value is $5, and market price is $22.No.Account Titles and ExplanationDebitCredit(a) Entry field with incorrect answerEntry field with incorrect answerEntry field with correct answerEntry field with correct answerEntry field with correct answerEntry field with incorrect answerEntry field with correct answerEntry field with correct answerEntry field with incorrect answer(b) Entry field with incorrect answerEntry field with incorrect answerEntry field with correct answerEntry field with correct answerEntry field with correct answerEntry field with incorrect answerEntry field with correct answerEntry field with correct answerEntry field with incorrect answerLINK TO TEXT Question Attempts: 1 of 3 used SAVE FOR LATERSUBMIT ANSWERCopyright 2000-2017 by John Wiley & Sons, Inc. or related companies. All rights reserved.

Assignment > Open Assignment Cg MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION 4 BACK l ASSIGNMENT RESOURCES Assignment Ch14 ExerCise On January 1, 2017, Frontier Corporation had $1,450,000 of common stock outstanding that was issued at we par. It also had retained earnings of $745,500. The company issued 41,500 shares of common stock at par on ii"; July 1 and earned net income of $390,000 for the year. wt b St d Journalize the declaration of a 15% stock dividend on December 10, 2017, for the following independent o-VSU s y u y' assumptions. (Credit account titles are automatically indented when amount is entered. Do not Mobile Site indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) Par value is $10, and market price is $19. (b) Par value is $5, and market price is $22. (:u : :J:J:J :](::J :l[::] [::JE: :u::3 LINK TO TEXT l swam Question Attempts: 0 of 3 used SAVE FOR LATER