Exercise 17-16 Stellar Inc. acquired 20% of the outstanding common stock of Theresa Kulikowski Inc. on December 31, 2020. The purchase price was $1,310,000 for 52,400 shares. Kulikowski Inc. declared and paid an $0.75 per share cash dividend on June 30 and on December 31, 2021. Kulikowski reported net income of $667,000 for 2021. The fair value of Kulikowskis stock was $28 per share at December 31, 2021. Assume that the security is a trading security. Prepare the journal entries for Stellar Inc. for 2020 and 2021, assuming that Stellar cannot exercise significant influence over Kulikowski.