E14-3B On January 1, 2017, Linn Corporation had $1,200,000 of common stock outstanding that was issued at par. It also had retained earnings of $750,000. The company issued 40,000 shares of common stock at par on July 1 and earned net income of $400,000 for the year. Instructions Journalize the declaration of a 15% stock dividend on December 10, 2017, for the following independent assumptions. 1. Par value is $10, and market value is $18. 2. Par value is $5, and market value is $20