ins Milan, Inc., acquired 10 percent of Seida Corporation on January 1, 2020, for $186,000 and appropriately accounted for the investment using the fair value method. On January 1, 2021. Milani purchased an additional 30 percent of Selda for $609,000 which resulted in significant influence over Selda. On that date, the fair value of Selda's common stock was $2.030,000 in total. Selda's January 1, 2021 book value equaled $1.880,000, although and was undervalued by $135,000. Any additional excess fair value over Seldo's book value was attributable to a trademark with an eight-year remaining life. During 2021, Seida reported income of 5345,000 and declared and paid dividends of $100.000 Prepare the 2021 journal entries for Milani related to its investment in Selda. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) BO View transaction et References Journal entry worksheet