1. Edelman Inc. acquired 10% of the 452,300 shares of common stock of Schuberger Corporation at a total cost of $11 per share on June 17, 2014. On September 3, Schuberger declared and paid a $162,000 dividend. On December 31, Schuberger reported net income of $504,100 for the year. 2. Wen Corporation obtained significant influence over Hunsaker Company by buying 30% of Hunsakers 196,200 outstanding shares of common stock at a cost of $17 per share on January 1, 2014. On May 15, Hunsaker declared and paid a cash dividend of $112,000. On December 31, Hunsaker reported net income of $271,500 for the year. Prepare all necessary journal entries for 2014 for (a) Edelman and (b) Wen. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record entries in the order presented in the problem.)