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Exercise 17-17 Your answer is partially correct. Try again. On January 1, 2017, Riverbed Corporation purchased 20% of the common shares of Marin Company for

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Exercise 17-17 Your answer is partially correct. Try again. On January 1, 2017, Riverbed Corporation purchased 20% of the common shares of Marin Company for $191,000. During the year, Marin earned net income of $71,000 and paid dividends of $17,750. Prepare the entries for Riverbed to record the purchase and any additional entries related to this investment in Marin Company in 2017. (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 for the amounts.) Account Titles and Explanation To record purchase of stock) aty brestents To record receipt of dividends.) To record revenue.) Click if you would like to Show Work for this question: Open Show Work

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