I need it as a text and in details

10- Parent Inc. a calendar year reporting company acquired 100% of Subsidiary Inc.s out- standing common stock at a cost of $ 450,000 on Dec. 31, 2018. Result for 2019 (based on book values) are: Subsidiary's Reported Income 80,000 Dividend Declared by subsidiary65,000 What journal entries would Parent Inc. record in its general ledger related to Subsidiary's income and dividend for 2019 under the Equity Method