Heidebrecht Design acquired 25% of the outstanding common stock of Oulumber Company on January 1, 2020, paying $2,000 for the 40,100 shares Ceber declared and paid $0.20 per share cash dividends on March 15, June 15, September 15, and December 15, 2020, Cullumber reported income of 1344, Son for that. M December 31, 2020, the market price of Cullumber common stock was $26 per share Prepare the Journal entries for Heidebrecht Design for 2020 aming Helder Design cannot exercise ignificant influence woulumber (acorders in the prosented in the problem. Credit account titles ant automatically died when amount entered. Do not ind Intelecro try for the account tities and enter for the amounts. Data Account Titles and Explanation Debit Crust DA* 11:45 AM V14/2021 Prepare the journal entries for Heldebrecht Design for 2020, assuming Heidebrecht Design can exercise grificant influence over Clumber. Use the pilty method. Hecordar entries in the order presented in the problem. Credir account titles are automatically indented when it is entered. Do not inden mantally. If no entry is required, select "No entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Indicate the balance sheet and income statement account balances at December 31, 2020, under each method of accounting. Cost Equity Method Method Stock Investments $ 1042600 $ 856045 Dividend revenue 32080 Unrealized gain income 240600 Revenue from stock investments 86125 Click if you would like to Show Work for this question: Qben Show Work