Fizer Pharmaceutical paid $69 million on January 2, 2021, for 5 million shares of Care Cosmetics common stock. The investment represents a 25% interest in the net assets of Carne and gave Fizer the ability to exercise significant influence over Carne's operations, Fizer received dividends of $2 per share on December 21, 2021, and Carne reported net income of $40 million for the year ended December 31, 2021. The fair value of Carne's common stock at December 31, 2021, was $19.50 per share. The book value of Carne's net assets was $180 million. The fair value of Carne's depreciable assets exceeded their book value by $40 million. These assets had an average remaining useful life of ten years. The remainder of the excess of the cost of the investment over the book value of net assets purchased was attributable to goodwill. Complete this question by entering your answers in the tabs below. Calculation General Journal Complete the table below. (Enter your answers in millions, (i.e., 10,000,000 should be entered as 10)). (5 in millions) Purchase Price Fair Value Carne's assets Investee Net Assets Ownership Interest Net Assets Purchased Difference 69 % = $ 0 $ 0 Book Value Carne's assets Depreciation adjustment: Years Adjustment Investment revenue $ General Journal > Attributable to: Journal entry worksheet 3 4 Record the investment in Carne Cosmetics shares. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 5 Record the investor's share of net income. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit < 1 2 3 4 5 10 Record the cash dividends. Note: Enter debits before credits. Transaction 3 General Journal Debit Credit Journal entry worksheet < 1 2 3 4 5 Record the depreciation adjustment. Note: Enter debits before credits. Transaction General Journal Debit Credit Journal entry worksheet < 1 2 3 4 5 Record the fair value adjustment at year-end. Note: Enter debits before credits. Transaction 5 General Journal Debit Credit