Chapter 17 Homework Question 6 of 8 View Policies Show Attempt History Current Attempt in Progress 0.42/1 Shamrock Co. acquired 25% of the 530,000 shares of outstanding common stock of Overload Inc. on December 31, 2020. The purchase price was $3,855,750. Overload declared and paid $1.20 per share cash dividends on June 18, 2021, and on November 29, 2021. Overload reported net income of $1,170,000 for 2021. The fair value of Overload common stock was $26 per share at December 31, 2021. Chapter 17 Homework Question 6 of 8 < > Your answer is partially correct. 0.42/1 III Prepare the journal entries for Shamrock Co. for 2021, assuming that Shamrock can exercise significant influence over Overload. (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.) ate Account Titles and Explanation I, 2021 Cash Investment Income .2021 Cash Investment Income .2021 Debt Investments Investment Income Debit Credit 150000 150000 300000 150000 150000 300000