14. Nippon Paint acquired 40% shares of Petek Boya as a long-term investment for the purpose of controlling the other company, in January 2023, for 105.000. Petek Boya had net income of 80.000 in 2023 , and declared and paid dividends of 25.000 in March 2024. Required: Provide the necessary journal entries, assuming that Nippon uses the equity method 15. If the book value of assets is 900.000, long-term debt is 400.000 and equity is 200.000, what is long-term debt-to-total capital ratio (financial leverage)