Assume a buyer purchases all of the stocks of a target in a stock purchase for $600. The reported book values of the target's net assets (i.e. equity) is $500. The $100 difference relates to an unrecognized patent held by the target that has a remaining life of 10 years on the acquisition date. Subsequent to the purchase, the target reports net income of $100 and pays $25 in dividends to the buyer. Required 1. Provide journal entries for the buyer to record the recognition of Equity Income and the receipt of the $25 dividends. 2. Provide journal entry to record the amortization of the patent asset