On January $1,2025,$ Carla Vista Supply Corporation had $$2,200,000$ of $$10$ par value common stock outstanding that was issued at

par and Retained Earnings of $$1,100,000.$ The company issued $154,000$ shares of common stock at $$15$ per share on July $1.$ On

December $15,$ the board of directors declared a $10\%$ stock dividend to stockholders of record on December $31,2025,$ payable on

January $15,2026.$ The market value of Carla Vista Supply Corporation stock was $$17$ per share on December $15$ and $$16$ per share on

December $31.$ Net income for $2025$ was $$550,000.$

$($a$)$

Journalize the issuance of stock on July $1$ and the declaration of the stock dividend on December $15.($Credit account titles are

automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.

If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credit