Milani, Inc., acquired 10 percent of Seida Corporation on January 1,2020 , for $188,000 and appropriately accounted for the investment using the fair-value method. On January 1, 2021, Milani purchased an additional 30 percent of Seida for $585,000 which resulted in significant influence over Seida. On that date, the fair value of Seida's common stock was $1,950,000 in total. Seida's January 1, 2021, book value equaled $1,800,000, although land was undervalued by $132,000. Any additional excess fair value over Seida's book value was attributable to a trademark with an eight-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. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Record acquisition of Seida stock. Note: Enter debits before credits. Record the 40% income earned during period by Seida. Note: Enter debits before credits. Record 2021 amortization for trademark excess fair value. Note: Enter debits before credits. Record dividend declaration from Seida. Note: Enter debits before credits. Journal entry worksheet Record collection of dividend from investee. Note: Enter debits before credits