Pearl Inc. owns shares of Martinez Corporation stock. At December 31, 2020, the securities were carried in Pearls accounting records at their cost of $1,018,000, which equals their fair value. On September 21, 2021, when the fair value of the securities was $1,022,000, Pearl declared a property dividend whereby the Martinez securities are to be distributed on October 23, 2021, to stockholders of record on October 8, 2021. Prepare all journal entries necessary on those three dates. (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	Credit
choose a transaction date

	enter an account title to record gain or loss	enter a debit amount	enter a credit amount
	enter an account title to record gain or loss	enter a debit amount	enter a credit amount
	(To record gain or loss)
	enter an account title to record property dividend	enter a debit amount	enter a credit amount
	enter an account title to record property dividend	enter a debit amount	enter a credit amount
	(To record property dividend)
choose a transaction date

	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date

	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount