Ivanhoe Company owns 25% of Lauer Company. For the current year, Lauer reports net income of $220,000 and declares and pays a $44,000 cash dividend. Record Ivanhoe's equity in Lauer's net income and the receipt of dividends from Lauer. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Crane Corporation had the following transactions relating to debt investments: Jan. 1, 2022 Purchased 60, \$1,850, 15\% Spiller Company bonds for $111,000. Interest is payable annually on January 1. Dec. 31, 2022 Accrued interest on Spiller Company bonds. Jan. 1, 2023 Received interest from Spiller Company bonds. Jan. 1, 2023 Sold 36 Spiller Company bonds for $64,750. Journalize the above transactions, including the adjusting entry for the accrual of interest on December 31, 2022. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record receipt of the interest revenue.) (To record receipt of the interest revenue.) (To record sale of bonds.)