Brief Exercise 11-8 Langley Corporation has 59,000 shares of $13 par value common stock are issued on December 31 outstanding. It declares a 12% stock dividend on December 1 when the market price per share S16. The dividend shares Prepare the entries for the declaration and issuance of the stock dividend. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. I no entry is required, select "No Entry" for the account tities and enter O for the amounts.) Date Account Titles and Explanation Debit Credit