The Norman Corporation's Stockholders' Equity Accounts Have the Following Balances

The Norman Corporation's stockholders' equity accounts have the following balances as of January 1, 2016:
Norman engaged in the following dividend transactions during 2016:
March 1: Declared a 50% stock dividend on the common stock, distributable on April 10.
The market price per share for the common stock was $35 on March 1.

April 10: Distributed the stock dividend declared on March 1.

June 30: Declared a 10% stock dividend on the common stock, distributable on August 5.
The market price for the common stock was $38 per share on June 30.

August 5: Distributed the stock dividend declared on June 30.

December 1: A $.60 per share cash dividend was declared on the common stock, payable on
January 20, 2017.

Required:
Prepare the entries to record the dividend transactions for 2016. Do not record the cash dividend payment in 2017.)