Equity method journal entries with intercompany sales of inventory

An investor owns $25\%$ of an investee, and accounts for its investment using the equity method. At the beginning of the year, the Equity Investment was reported on the investor's balance sheet at $$1,200,000.$ During the year, the investee reported net income of $$480,000$ and paid dividends of $$120,000.$ In addition, the investor sold inventory to the investee, realizing a gross profit of $$144,000$ on the sale. At the end of the year, $30\%$ of the inventory remained unsold by the investee.

a$.$ Provide the equity method journal entries required for the year

$\backslash$table$[[$Description$,,,$Debit,Credit$],[$Equity investment,$>,,120,000,0$