On October 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 12,000, $3 par, common shares. The market price of the common stock is $32 on this date.

Required:

1. 2. & 3. Record the necessary journal entries assuming a small (10%) stock dividend, a large (100%) stock dividend, and a 2-for-1 stock split. (If no entry is required for a transaction/event, select "No journal entry required" in the first

1.Record the stock dividend assuming a small (10%) stock dividend.

2.Record the stock dividend assuming a large (100%) stock dividend.

3.Record the stock dividend assuming a 2-for-1 stock split.