Cullumber Inc. obtained significant influence over Blossom Corporation by buying 40% of Blossom 30,000 outstanding shares common stock at a total cost of $11 per share on January 1, 2022. On June 15 Blossom declared and paid a cash dividend of $32,700. On December 31 Blossom reported a net income of $131,000 for the year. Prepare all the necessary journal entries for 2022 for Cullumber Inc. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 1 Stock Investments Cash June 15 A Cash Dividend Revenue Dec. 31 - Cash Dividend Revenue