Cloud Manufacturing Declared a 10% Stock Dividend When It Had

Cloud Manufacturing declared a 10% stock dividend when it had 700,000 shares of $3 par value common stock outstanding. The market price per common share was $12 per share when the dividend was declared. The entry to record this dividend declaration includes a credit to

A) Stock Dividends for $210,000.
B) Paid-in Capital in Excess of Par for $630,000.
C) Common Stock for $210,000.
D) Common Stock Dividends Distributable for $840,000.