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Riverbed Corp has 275,000 shares of $10 par value common stock outstanding. It declares a 11% stock dividend on December 1 when. the market price

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Riverbed Corp has 275,000 shares of $10 par value common stock outstanding. It declares a 11% stock dividend on December 1 when. the market price per share is $16. The dividend shares are issued on December 31. Prepare the entries for the declaration and distribution of the stock dividend. (Record journal entries in the order presented in the problem. List all debit entries before credit entries. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the occount titles and enter O for the amounts.)

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