On March 1, Cullumber Ltd. had 403,000 common shares issued and the balance in its Common Shares account was $604,500. The company declared a 5% stock dividend to shareholders of record on March 14, to be distributed on March 31. The fair value per share was $5 on March 1, $4.85 on March 14, and $5.35 on March 31. Prepare the entries on the appropriate dates to record the stock dividend. (Credit account titles are automatically indented when the amount is entered. Do not indent manually . If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit To record declaration of stock dividend) To record distribution of stock dividend The shareholders equity section of Ivanhoe Corporation's balance sheet consists of 253.000 common shares for $2.05 million. and retained earnings of $720,000. A 10% stock dividend is declared when the fair value per share is $13. Show the before-and- after effects of the dividend on (a) share capital, (b) retained earnings. (c) total shareholders' equity, and (d) the number of shares. Before After $ S (a) Share capital (b) Retained earnings (c) Total shareholders' equity (d) Number of shares