Antique Buggy Corporation has 820,000 shares of $35parcommon stockoutstanding. On June 8, Antique Buggy Corporation declared a 5% stock dividend to be issued August 12 tostockholdersof record on July 13. The market price of thestockwas $63 per share on June 8.

Journalize the entries required on June 8, July 13, and August 12. If no entry is required, simply skip to the next transaction. Refer to the Chart of Accounts for exact wording of account titles.