On January $1,2022,$ Wildhorse Co$.$ had $$1,480,000$ of common stock outstanding that was issued at par and retained earnings of $$760,000.$ The company issued $42,000$ shares of common stock at par on July $1$ and earned net income of $$397,000$ for the year.

Journalize the declaration of a $14\%$ stock dividend on December $10,2022,$ for the following two independent assumptions. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

$($a$)$ Par value is $$10$ and market price is $$15.$

$($b$)$ Par value is $$5$ and market price is $$8.$