milani acquired 10% of Seida on Jan. 1, 2020 for $188,000 and appropiately accounted for the investment using the fair-value method. On Jan. 1 2021 Milani purchase an additional 30% of Seida for $585000 which resulted in significant influence over Seida. On that date, the fair value of Seida common stock was $1950000 in total. Seida Jan 1 2021 book value equaled $1800000, although land w2as undervalued by $132000. Any additional excess fair value over Seida book value was attributable to a trademark with 8 year remaining life. During 2021, Seida reported income of $314,000 and declared and paid dividends of $106,000. Prepare the 2021 journal entries for Milani related to its investment in Seida