Fizer Pharmaceutical paid $77 million on January 2, 2021, for 5 million shares of Carne 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 $1 per share on December 21, 2021, and Carne reported net income of $24 million for the year ended December 31, 2021. The fair value of Carne's common stock at December 31, 2021, was $27.50 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 $28 million. These assets had an average remaining useful life of seven years. The remainder of the excess of the cost of the investment over the book value of net assets purchased was attributable to goodwill. Required: Complete the table below and prepare the appropriate journal entries related to the investment during 2021. Complete this question by entering your answers in the tabs below. Calculation General Journal Complete the table below. (Enter your answers in millions, (i.e., 10,000,000 should be entered as 10)). Complete this question by entering your answers in the tabs below. Calculation General Journal Complete the table below. (Enter your answers in millions, (i.e., 10,000,000 should be entered as 10). Net Assets ($ in millions) Investee Net Assets Ownership Interest Attributable to: Purchased Difference $ 77 Purchase Price Fair Value Carne's assets Book Value Carne's assets % % = Years Adjustment Depreciation adjustment: Investment revenue = View transaction list Journal entry worksheet 1 2 3 4 5 > Record the investment in Carne Cosmetics shares. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general Journal Journal entry worksheet N Record the investor's share of net income. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general Journal Journal entry worksheet 1 2 3 4 5 > Record the cash dividends. Note: Enter debits before credits. General Journal Debit Credit Transaction 3 Record entry Clear entry View general Journal Journal entry worksheet Record the depreciation adjustment. Note: Enter debits before credits. General Journal Debit Credit Transaction 4 Record entry Clear entry View general Journal Journal entry worksheet