Current Attempt in Progress

Carla Vista Company owns $30\%$ of Lauer Company. For the current year, Lauer reports net income of $$190,000$ and declares and pays a $$38,000$ cash dividend.

Record Carla Vista's equity in Lauer's net income and the receipt of dividends from Lauer. $($List all debit entries before credit entries. 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 $0$ for the amounts.$)$

$\backslash$table$[[$Date Account Titles and Explanation$],[$Dec$.31($To record equity in Lauer's net income$)],[$Dec$.31.]]$

$($To record dividends received$)$