Presented below is information related to the purchases of common stock by Bramble Company during $2025.$

Cost

$($at purchase date$)$ Fair Value

$($at December $31)$

Investment in Arroyo Company stock $$100,000$ $$79,000$

Investment in Lee Corporation stock $240,000290,000$

Investment in Woods Inc. stock $184,000194,000$

Total $$524,000$ $$563,000$

$($Assume a zero balance for any Fair Value Adjustment account at the beginning of $2025.)$

$($a$)$ What entry would Bramble make at December $31,2025,$ to record the investment in Arroyo Company stock if it chooses to report this security using the fair value option?

$($b$)$ What entry would Bramble make at December $31,2025,$ to record the investments in the Lee and Woods corporations, assuming that Bramble did not select the fair value option for these investments?