Oriole Company has $41,000$ shares of $$10$ par value common stock outstanding. It declares a $14\%$ stock dividend on December $1$ when the market price per share is $$19.$ The dividend shares are issued on December $31.$

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. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credi