On January 1, 2022, Culver Corporation had $1.310,000 of common stock outstanding that was issued at par and retained earnings of $806,000. The company issued 20,000 shares of common stock at par on July 1 and earned net income of $506,000 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 for the amounts.) Par value is $10 and market price is $16. Par value is $5 and market price is $9. (a) (b) Debit Credit No. Account Titles and Explanation (a) Stock Dividends 378000 210000 Common Stock Dividends Distributable 168000 Paid-in Capital in Excess of Par Value-Common Stock 720000 (b) Stock Dividends 180000 Common Stock Dividends Distributable 540000 Pald-in Capital in Excess of Par Value-Common Stock