Problems for Section 11B 11B-1. On January 4 KATIE Incorporated has the following balances in its owners' equity accounts: COM ST ($4 par) RETAINED EARN APIC-COMMON 80000 60000 98000 a. On that date KATIE announces and distributes a 10% stock dividend. At this point in time the market price of the stock is $20 per share. Show the necessary accounting entries. b. Show the necessary accounting entries if KATIE had announced and distributed a 40% stock dividend on January 4 instead of the small stock dividend discussed in a. Problem 11B-1 Name: Lab Section Time: TA Name: a. Common Stock ($ par) Add Paid-In Capital Com Retained Earnings b. Retained Earnings Add Paid-In Capital - Com Common Stock ($ par)