Earth Inc. purchased 9,000 of the common shares of Ocean Inc. on January 1, Year 2 for $180,000. Ocean had 90,000 common shares outstanding. During Year 2, Ocean had income of $80,000 and paid dividends of $40,000. On December 31, Year 2 the selling price of Oceans shares was $19 per share. Earth purchased additional 18,000 shares of the common shares of Ocean on April 1, Year 3 for $396,000. During Year 3, Ocean had income of $150,000 earned evenly over the year. On December 31, Ocean declared dividends of $80,000. On December 31, Year 3 the selling price of Oceans shares was $21.50 per share. January 2, Year 4, Oceans shares price fell to $21.25 per share and the decline is considered permanent. Required: Prepare the journal entries for Years 2, 3 and January 2, Year 4. Write out ALL account names.