3. SINK Company paid $800,000 for 8% of the common stock of Winters Corp. on 1/1/2018. Winters Corp. reported net income of $1,200,000 for 2018 and paid dividends of $360,000 on October 1, 2018. Winters Corp fair value on 12/31/2018 was 11,600,000. USING THE INFORMATION ABOVE ANSWER THE QUESTIONS a., b. and c. below and SHOW ALL WORK IN SUPPORT OF YOUR JOURNAL ENTRIES. a. What is the journal entry to record SINK Company's investment in Winters Corp.? Prepare any journal entries SINK Co. would need to make to record any income from its investment in Winters Corp. for the year 2018? What is the balance in the Investment in Winters Corp. as of 12/31/2018. SHOW ALL WORK IN SUPPORT OF YOUR