Krieger Krisp Donuts, Inc. acquired 40% of the voting common shares of Delevan Bakers Corporation on January 1, 2022, at a total cost of $2,535,000. At acquisition, the reported book value of Delevan Bakers' net assets equaled its fair value. This investment allows Krieger to exert significant influence over Delevan's operating and financing policies. At the end of 2022, Delevan reported $769,500 in net income and declared and paid $123,475 in dividends for the period. At the end of 2023, Delevan reported a net loss of $432,000. No dividends were declared in 2023 What journal entries should Krieger record related to its investment in Delevan Bakers? What is the amount of the investment in Delevan Bakers at December 31, 2022? At December 31, 2023?