A Corporation Reported the Following Equity Section on Its Current

A corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $15.00 per share. $$\begin{array} { | l | r | } \hline \begin{array} { l } \text { Common Stock, } \$ 6 \text { par, } 106,000 \text { shares authorized, } 57,000 \text { shares issued } \\\text { and outstanding }\end{array} & \$ 342,000 \\\hline \text { Paid in Capital in Excess of Par } & 150,000 \\\hline \text { Retained Earnings } & \underline { 500,000 } \\\hline \text { Total Stockholders' Equity } & \$ 992,000 \\\hline\end{array}$$ Which of the following would be included in the entry to record the distribution of a 15% stock dividend?

A) Common Stock-$6 Par Value would be credited for $51,300.
B) Stock Dividends would be debited for $95,400.
C) Paid-In Capital in Excess of Par-Common is debited for $95,400.
D) Stock Dividends would be credited for $51,300.