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On October 13,2024 , a 6% stock d vidend was declared and distributed. The tair value of the common stock on this date was $32.6 per thare. Fractional share rightbrepresented 100,000 shares. Cash was paid in lieu of issuing fractional whare tignts, On the date of declaration and poyment, the company had 106 midion shares of common stock outstanding. The par of the contmontahares was 35 per tihare. Required Preptre any neceasary joumal enties to record the above events Netei if no entry is requlred for a transoctlonievent, select "No journsl entry requlred" in the frat oceount field, Enter your antwers In whele dollar