Kensington Supplies Ltd. acquired 25% of the common shares of Sherwood Distributors Inc. on Janua paying $750,000 for 10,000 shares. On December 1,2020, Sherwood Distributors declared and paid c. common shares totaling $160,000. Sherwood Distributors reported net income of $880,000 for the year ended December 31,2020 . Required: Drag and drop to journalize Kensington Supplies Ltd.'s 1) receipt of cash dividends and 2) share of Sherwood Distributors Inc.'s net income