On January 1, 2022, Bramble Corp. had $1,020,000 of common stock outstanding that was issued at par and retained earnings of $760,000. The company issued 41,000 shares of common stock at par on July 1 and earned net income of $409,000 for the year. Journalize the declaration of a 15% stock dividend on December 10, 2022, for the following two independent assumptions.

(a)		Par value is $10 and market price is $15.
(b)		Par value is $5 and market price is $8.