Williamson Company declared and distributed a 10% stock dividend when it had 800,000 shares of $1 par value common stock outstanding. The market price per share of common stock was $60 per share when the dividend was declared. The journal entry to record the stock dividend would include a credit to: O Retained Earnings $800,000. Paid-in Capital in Excess of Par- Common $4,720,000. Retained Earnings $80,000. O Common Stock $800,000