Mitchell Corporation pays $6 million to acquire a 25 percent interest in Turner Corporation's stock on January 1, 2017, and reports the investment using the equity method. Any basis difference is attributed to goodwill. During 2017, Turner reports net income of $900,000, which includes $25,000 in realized and unrealized gains on trading securities and $40,000 in realized gains on sales of AFS securities. Turner also reports $30,000 in unrealized losses on AFS securities and pays dividends of $240,000 in 2017. Prepare Mitchell's journal entries to record the above events for 2017