18. (2 points). Gloria has 400,000 shares of $0.10 par value common stock outstanding. The following transactions occurred during the year:

a.During April, Gloria declared a 10% stock dividend when the market price of the stock was $28 per share

.b.During May, Gloria distributed the stock dividend.

c.During June, Gloria declared a $0.50 per share cash dividend

d.During July, Gloria paid the cash dividend.

Prepare the entries for each of these transactions.