2. Pronghorn Inc. obtained significant influence over Kasey Corporation by buying 25% of Kasey's 32,600 outstanding shares of common stock at a total cost of $10 per share on January 1, 2022. On June 15 , Kasey declared and paid a cash dividend of $32,200. On December 31, Kasey reported a net income of $110,000 for the year. Prepare all the necessary journal entries for 2022 for Pronghorn Inc. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)