Munson and Sons (MS) owns 38% of Harrington Corp. During 2022, Harrington reported a net income of $420,000 and did not declare any dividends. Additionally, Harrington sold a piece of land, with a carrying value of $125,000 to MS for $350,000. MS still holds the building. MS accounts for its investment in Harrington Corp using the equity method.

Required: On December 31, 2022, a journal entry is required to record the impact of the above transactions. What is the net debit to the Investment in Harrington Corp account / the net credit to the to Equity Income (these would be the same). is 74,100 correct?