4 Question 2 of 6 < > -15 Cullumber SE owns 30% of Plano Company. For the current year, Plano reports net income of 160,000 and declares and pays a 32,000 cash dividend. Record Cullumber's equity in Plao's net income and the receipt of dividends from Plano. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31 Dec. 31 (To record equity in Lauer's net income) D 71707 1-1560204 DO ENG A (To record dividends received) Debit Credit