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Dauve Cookie Corporation purchased 60% of the 322,000 outstanding shares of RM's Fine Foods, inc on January 1 of the curvot year. Dauve Cookie acquired the shaves at a price of $3.90 per share. RM's Fine Foods, Inc reported net income of $68,000 and doclated and pad cash dividends of $25,300 during the current year. At the fime of acqusition, the hook value of PaM's Fine Foods' net assets equaled as market value Requirement Prepare all journal entres necessacy to accourt for this imestment in RM's on Dawo Cookie's books under the equaty method from ary yournal ertiones)