2. On January 1 Crauet Co, acquired an interest in the Tamlee Co. for $500,000. At December 31, Tamlee Co, declared and paid a cash dividend of $50,000 and reported a net income of $160,000. REQUIRED Prepare the journal entries for the Sriquct Co.under each of the independent circumstances: a Sriguet Co. acquires a 10% interest in the Tamlee Co. b. Coquet Co, acquires a 25% interest in the Tacles Co