Wiliamson Company declared and distributed a 10% stock dividend when it had 400,000 shares of $1 par value common stock outstanding. The market price per share of common stock was $20 per share when the dividend was declared. The joumal entry to record the stock dividend would include a credit to: A. Retained Earnings $40,000. B. Common Stock $400,000. C. Retained Earnings $400,000. D. Paid - in Capital in Excess of Par-Common $760,000