How would I even go about solvng this?

QUESTION 6 Partially correct 1-00 points out of 1.50 Remove flag Large Stock Dividend and Forward Stock Split Key Corporation has 50,000 shares of $10 par value common stock outstanding and retained earnings of $820,000. The company declares a 100 percent stock dividend. The market price at the declaration date is $17 per share. Prepare the journal entries for (1) the declaration of the dividend and (2) the issuance of the dividend. General Journal Ref Description Debit Credit 1) Stock Dividends $ 850,000 X $ Stock Dividend Distributable 320,000x To record declaration of stock dividend. 2.) Stock Dividend Distributable 850,000 X Common Stock To record issue of stock dividend. Check