Your answer is partially correct. Try again. On January 1, 2020, Ivanhoe Corporation had $1,010,000 of common stock outstanding that was issued at par. It also rtial had retained earnings of $747,000. The company issued 37,500 shares of common stock at par on July 1 and earned net income of $405,000 for the year. Ivan he compar -and Journalize the declaration of a 14% stock dividend on December 10, 2020, for the following independent assumptions. tically inde ation (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no y. It entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Par value is $10, and market price is $18. D, ani a. and Par value is $5, and market price is $21. b. and E No. Account Titles and Explanation Credit Debit mings Retained Earnings 198100.00 a. Stock d 198100 Common Stock Dividends Distributable nds Stock Dividends nings Retained Earnings 032020 b. Stock d Common Stock Dividends Distributable O832020 ends Stock Dividends