On January 1, 2020, Blossom Corporation had $1,000,000 of common stock outstanding that was issued at par. It also had retained earnings of $740,000. The company issued 35,000 shares of common stock at par on July 1 and earned net income of $390,000 for the year. Journalize the declaration of a 14% stock dividend on December 10, 2020, for the following 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 $18.
b.		Par value is $5, and market price is $20.

can you show me work please :)

No. Account Titles and Explanation Debit Credit a. Stock Dividends 2608200 Common Stock Dividends Distributable 1449000 Paid-in Capital in Excess of Par-Common Stock 1159200 b. Stock Dividends 289800 Common Stock Dividends Distributable 724500 Paid-in Capital in Excess of Par-Common Stock 2173500