Monty Corporation purchased for $326,000 a 30\% interest in Murphy, Inc. This investment enables Monty to exert significant influence over Murphy. During the year, Murphy earned net income of $174,000 and paid dividends of $60,000. Prepare Monty's journal entries related to this investment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (To record the net income.) (To record the dividend.)