Nash Corporation purchased for $280,000 a 30% interest in Murphy, Inc. This investment enables Nash to exert sig ificant influence over Murphy. During the year, Murphy earned net income of $171,000 and paid dividends of $59,000. Prepare Nash's journal entries related to this investment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. I no entry is required, select "No Entry" for the account titles and enter O for the amounts Account Titles and Explanation Debit Credit To record the purchase) To record the net income.) To record the dividend.)