On January 1, 2022, Concord Corporation had $1,170,000 of common stock outstanding that was issued at par and retained earnings of $767,000. The company issued 32,000 shares of common stock at par on July 1 and earned net income of $464,000 for the year. Journalize the declaration of a 17% 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. No. Account Titles and Explanation Debit Credit (a) enter an account for the journal entry assuming option a Stock Dividends enter a debit amount 464,000 enter a credit amount enter an account for the journal entry assuming option a Common Stock Dividends Distributable enter a debit amount enter a credit amount enter an account for the journal entry assuming option a Paid-in Capital in Excess of Par Value-Common Stock enter a debit amount enter a credit amount (b) enter an account for the journal entry assuming option b Stock Dividends enter a debit amount enter a credit amount enter an account for the journal entry assuming option b Common Stock Dividends Distributable enter a debit amount enter a credit amount enter an account for the journal entry assuming option b Paid-in Capital in Excess of Par Value-Common Stock enter a debit amount enter a credit amount Click if you would like to Show Work for this question: Open Show Work