Bridgeport Inc. owns shares of Oakwood Corporation that are classified as Bridgeports fair value through net income (FV-NI) investment portfolio and accounted for using the FV-NI model. At December 31, 2016, the securities were carried in Bridgeports accounting records at their cost of $850,000, which equalled their fair value. On September 21, 2017, when the securities fair value was $1.3 million, Bridgeport declared a property dividend that will result in the Oakwood securities being distributed on October 23, 2017, to shareholders of record on October 8, 2017. Prepare all necessary journal entries for the three dates.