The stockholders' equity section of Jay Company's balance sheet on December 31, 1998, shows 100,000 shares of authorized and issued S20 stated value common stock, of which 9,000 shares are held in the treasury. On this date, the board of directors declared a cash dividend of $2 per share payable on January 21, 1999, to stockholders of record on Janu- ary 10. Give dated journal entries for these.