Forte Inc. produces and sells theater set designs and costumes. The company began operations on January 1, 20Y5. The following transactions relate to securities acquired by Forte Inc., which has a fiscal year ending on December 31, 20Y5: Jan. 10 purchasing Dec. 31 Purchased an influential interest in Imboden Inc. for $785,000 by 94,000 shares directly from the estate of the founder of Imboden Inc. There are 325,000 shares of Imboden Inc. stock outstanding. Received $78,000 of cash dividends on Imboden Inc. stock. Imboden Inc. reported net income of $482,000 in 20Y6. Forte Inc. uses an equity method of accounting for its investment in Imboden Inc. Journalize the entries to record these transactions.