comment belenchid-28109164.2502-4303-6464-8710074 -710 E Question 5 of 9 View Policies Current Attempt in Progress Culver Corporation purchased 440 shares of Sherman Inc common stock for $12.900 (Culver does not have significant influence) During the year. Sherman paid aan dividend of $3.25 per share. At year-end, Sherman stock was selling for $34 50 per share. Prepare Culver sjournal entries to record(a) the purchase of the investment (1) the dividends received and (c) the fair value adjustment. Assume a zero balance in the Fair Value Adjustment account) Credit account titles are automatically indented when amount in entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Debit Credit No. Account Titles and Explanation (a) (6) (c e Textbook and Media List of Accounts Dell BO 20 1: 8: : 96 5 & 7 3 4 6 8 00 9 W E R T Y U j 0 S D F G H J K L