Clark Inc. purchased 10% of the 10,000 shares of common stock in Nashville Inc. for $76,000 in January 2020. Shay Inc. purchased 35% of the 10,000 shares of common stock in Nashville Inc. for $266,000 in January 2020. In December 2020, Nashville Inc. declared and paid a dividend of $1.90 per share on its outstanding shares of common stock. For each investor, determine the dividend amount received, and its related impact on the Investment and Dividend Revenue accounts. Assume that Shay Inc. (but not Clark Inc.) has significant influence over Nashville Inc.

Note: Use a negative sign to indicate a decrease.

Dividend Amount Change in Declared and Investment Received Account Increase in Dividend Revenue Investor Clark Inc. $ 0 $ 0 $ 0 Shay Inc. $ 0 $ 0 $ 0