Question Completion Status: QUESTION 2 A company originally issued 13.000 shares of $6 par value common stock at $12 per share. The board of directors declares a 12% stock dividend when the market price of the stock is 522 a share. Which of the following is included in the entry to record the declaration of a stock dividend? Stock Dividends is debited for $34,320 Stock Dividends is debited for $18,720. Stock Dividends is credited for $34,320. Paid-in Capital in Excess of Par-Common is credited for $18,720. QUESTION 3 Statement of Retained Earnings Axxon Corp has the following selected account balances in 2019: Cash Dividends $30,000: Stock Dividends 565,000, Paid in Capital - Common 537,000. Net Income $53,500. Retained Earning at December 31, 2018 589,000. REQUIRED: Prepare a statement of Retained Earnings at December 31, 2019. TTT Arial 43 (120) Click Save and Submit ho save and submit Chick Save All Ansters to save all ansters A