On July 31, 201X, Carnival Corporation had the following stockholders' equity:

Common Stock, $9 par value, authorized 93,000 shares, 62,000 shares issued and outstanding..................................................................$558,000

Retained Earnings............................................................230,000

Total Stockholders' Equity................................................$788,000

On August 5, 201X, the board of directors declared a 9% stock dividend to be issued on September 6, 201X, to the stockholders of record on August 19, 201X. At time of declaration the market price was $21 per share. Prepare the appropriate journal entries for this stock dividend.