3 Vision Corporation acquired 75 percent of the stock of Meta Company on January 1,2017, for $225,000. At that date, the fair value of the non-controlling interest was $75,000. On January 1, 2019, Vision sold 1,500 shares of Meta's $10 par value shares for $60,000 in cash. Meta's balance sheet at the time of the sale contained the following amounts: During the year of 2009 Meta had income of $30,000 and paid dividends of $10,000. Vision used the fully adjusted equity method in accounting for its ownership of Meta Company. 1) Prepare an analysis of the ownership position. 2) Prepare the entry recorded by Vision to record the sale of the shares assuming excess of the sale price over the carrying value is recorded as an increase in Paid in Capital