7. AAA, Inc. holds 40% of the stock of BBB Corp., acquired at a cost equal to 40% of BBB Corp.'s book value at the time of purchase. This is a significant influence investment. At the start of 2021, AAA, Inc. reports the investment at a balance of $100,000. In 2021, BBB Corp. reports net income of $1,000 and $50 in other comprehensive income. BBB pays $750 of dividends in 2021. The market value of AAA, Inc.'s investment in the stock of BBB Corp. increases by $500 during 2021. Using the attached T-account template, record the 2021 beginning balance in the Investment in BBB account and prepare the required 2021 entries