Presented below are two independent situations:

$($a$)$ Sandhill Inc. acquired $10\%$ of the $409,000$ shares of common stock of Tamarisk Corporation at a total cost of $$15$ per share on June $17,2025.$ On September $3,$ Tamarisk declared and paid a $$109,000$ dividend. On December $31,$ Tamarisk reported net income of $$509,000$ for the year.

$($b$)$ Whispering Corporation obtained significant influence over Wildhorse Company by buying $30\%$ of Wildhorse's $109,000$ outstanding shares of common stock at a cost of $$18$ per share on January $1,2025.$ On May $15,$ Wildhorse declared and paid a cash dividend of $$109,000.$ On December $31,$ Wildhorse reported net income of $$209,000$ for the year.

Prepare all necessary journal entries for $2025$ for $($a$)$ Sandhill and $($b$)$ Whispering. $($List all debit entries before credit entries. If no entry is required, select $"$No entry" for the account titles and ent'y $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record entries in the order presented in the problem.$)$

Date

$($a$)$

Account Titles and Explanation

Debit

Debit

Credit