$(10$ points$)$ E$-$Street Storage Inc. purchased $35\%$ of the $20,000,000$ outstanding shares of the common stock of Stevens Self$-$Storage for

$!,000,000$ on January $1,2019.$ E$-$Street Storage elected the fair value option. During $2019,$ Stevens Self$-$Storage had net income of

:$,000,000$ and did not pay dividends. During $2020,$ E$-$Street Storage received $$200,000$ of dividends from Stevens Self$-$Storage and

evens Self$-$Storage had net income of $$2,000,000.$ The market price per share of Stevens Self$-$Storage at December $31,2019$ was $$3\mathrm{.}00$

r share and the market price at December $31,2020$ was $$3\mathrm{.}50.$ Prepare all the necessary journal entries for $2019$ and $2020.$