You have secured the following information for Companies A, B, and C concerning their internally generated net incomes (excluding subsidiary income) and dividends paid:

1. Assume Company A acquires an 80% interest in Company B on January 1, 2015, and Company B acquires a 60% interest in Company C on January 1, 2016. Prepare the simple equity method adjusting entries made by Companies A and B for subsidiary investments for the years 2015 through 2017.
2. Assume Company B acquires a 70% interest in Company C on January 1, 2015, and Company A acquires a 90% interest in Company B on January 1, 2017. Prepare the simple equity method adjusting entries made by Companies A and B for subsidiary investments for the years 2015 through 2017.