On March 1, Blossom Ltd. had 401,000 common shares issued and the balance in its Common Shares account was $601,500. The company declared a 5% stock dividend to shareholders of record on March 14, to be distributed on March 31. The fair value per share was $4 on March 1, $3.85 on March 14, and $4.35 on March 31. Prepare the entries on the appropriate dates to record the stock dividend.