Property Dividends 2. Doused Company owns 15% of the outstanding ordinary shares of Albe Albeit declared its inventory as property dividends. Data relating to the Date Total Fair Values November 1, 2018 December 31, 2018 P4 February 15, 2019 P4 a. Prepare all the necessary entries at the Date of declaration Date of record Date of payment b. How much is the dividend income to be recognized on 2018