In early January 2023, Sheffield Inc., a private enterprise that applies ASPE, purchased 40% of the common shares of Washi Corp. for $451,000. Sheffield was now able to exercise considerable influence in decisions made by Washi's management. Washi's statement of financial position reported the following information at the date of acquisition: Assets not subject to being amortized $226,000 Assets subject to depreciation (10 years average life remaining) 682,000 Liabilities 127,000 Additional information: 1. Both the carrying amount and fair value are the same for non-depreciable assets and for liabilities. 2. The fair value of the assets subject to depreciation is $825,000. 3. The company depreciates its capital assets on a straight-line basis. 4. Washi reported net income of $179,000 and declared and paid dividends of $123,000 in 2023. (a) Prepare the journal entry to record Shahid's investreet in Washi, Assume that any unexplained payment is goodwind account titles are automatically indented when the amount is entered. Do not indent manually ne entry is quit select "No Entry" for the acute and enter 0 for the amounts List debt entry before credit entry Account Titles and Explanation ch (d) Last seed 43 minutes ago Debit Credit Attempted St