August 1	Purchased 600 shares of the 100,000 shares outstanding $10 par common shares of Dankin Corporation for $5,100.
August 1	Purchased 3,500 shares of the 10,000 shares no par common shares of Ramon Co. for $45,700. The investment was accounted for by the equity method.
September 1	Received a cash dividend of $1 per share on the Dankin Corporation stock acquired in (a).
September 1	Received a cash dividend of $2 per share on the Ramon Co. stock acquired in (b).
December 31	Sold 100 shares of the Dankin Corporation shares acquired in (a) for $2,100.
December 31	Dankin Corporation reported net income of $30,000 and Ramon Companys reported net income was $50,000.

Required:10.

Present entries to record the above selected transactions of Masterson Co. Refer to the Chart of Accounts for exact wording of account titles.