Ivanhoe Corporation purchased 370 shares of Sherman Inc. common stockfor $13,100 (Ivanhoe does not have signicant inuence). During the year, Sherman paid a cash dividend of $3.00 per share. Assume the stock is nonmarketable. Prepare Iva nhoer journal entries to record {a} the purchase of the investment. {hi the dividends received, and {c} the fair value adjustment. {Assume a zero balance in the Fair Value Adjustment account} {Credit account titles are automatically indented when amount is entered. Do not indent manually. lf no entry is required, select "No Entry" for the account titles and enter 0 for the amounts}I No. Account Ties: and Explanation Debit Credit (3) (b)