During $2023$ and $2024$ the following events occurred:

$($a$)$ On January $1,2023,$ Norton Industries acquired $9,000$ of the $30,000$ outstanding shares of George Inc. common stock for $$102$ per share. The purchase price of the shares was equal to their book value.

$($b$)$ On June $30,2023$ George Inc. paid a $$11\mathrm{.}50$ per share dividend.

$($c$)$ On December $31,2023,$ George Inc. reported net income of $$580,000.$ On this date the price of George's common stock was $$98$ per share.

$($d$)$ On June $30,2024,$ George Inc. paid a $$9\mathrm{.}50$ dividend.

$($e$)$ On December $31,2024,$ George Inc. reported net income of $$890,000,$ and the market price per share was $$101.$

Prepare the journal entries to record the above events assuming: $($a$)$ that Norton cannot exercise significant control over the investee under the market method and $($b$)$ that Norton can exercise significant control over the investee under the equity method.

$($A$)$ Market Method

$($B$)$

Equity Method