The stockholders' equity accounts of Blue Company have the following balances on December 31, 2025.

Common stock, $10 par, 275,000 shares issued and outstanding

$2,750,000

Paid-in capital in excess of par common stock

1,140,000

Retained earnings

6,090,000

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Shares of Blue Company stock are currently selling on the Midwest Stock Exchange at $40.

Prepare the appropriate journal entries for each of the following cases.

a. A stock dividend of 6% is (1) declared and (2) issued.

b. A stock dividend of 100% is (1) declared and (2) issued.

c. A 2-for-1 stock split is (1) declared and (2) issued.