Carlyon Company listed the following items in its December $31,2018,$ financial statements:

Investment in Man Company bonds $$21,000$

Dividends payable: preferred $4,000$

Dividends payable: common $50,000$

Preferred stock, $8\%,$ $$100$ par $100,000$

Common stock, $$10$ par $500,000$

Additional paid$-$in capital on preferred stock $20,000$

Additional paid$-$in capital on common stock $262,500$

Retained earnings $270,000$

During $2019,$ the following transactions occurred:

Feb. $2$ Paid the semiannual dividends declared on December $15,2018.$

Mar. $5$ Declared a property dividend, payable to common shareholders on April $5$ in Man Company bonds being held to maturity. The bonds $($which have a book value of $$21,000)$ have a current market value of $$32,000.$

Apr. $5$ Paid the property dividend.

July $6$ Declared a $$4$ per share semiannual cash dividend on preferred stock and a $$1\mathrm{.}10$ per share semiannual dividend on common stock, to be paid on August $17.$

Aug. $17$ Paid the cash dividends.

Oct. $15$ Declared a $2\%$ stock dividend on common stock to be issued on December $3.$ The current market price is $$22$ per share.

Dec. $3$ Issued the stock dividend.

$28$ Declared a $$4$ and $$1\mathrm{.}20$ per share semiannual cash dividend on preferred and common stock, respectively, to be paid on February $15,2020.$

Required:

Next Level Prepare journal entries to record the preceding transactions.