Cullumber Co. acquired 25% of the 520,000 shares of outstanding common stock of Oriole Inc. on December 31, 2025. The purchase price was $3,913,000. Oriole declared and paid $1.20 per share cash dividends on June 18, 2026, and on November 29, 2026. Oriole reported net income of $1,080,000 for 2026. The fair value of Oriole common stock was $28 per share at December 31, 2026. (a) Prepare the journal entries for Cullumber Co. for 2026, assuming that Cullumber cannot exercise significant influence over Oriole. (Credit account titles are automatically indented when the 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. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Date > Account Titles and Explanation Debit Cred