Now, assume, subsequent to the purchase, the investee reports net income of $300 and pays $90 in dividends to the investor. Required a. At what amount will the investee's Stockholders' Equity be reported after income and dividends have been closed to Retained Earnings (assume no other changes to Stockholders' Equity)? b. Provide the following journal entries: 1. Record the recognition of Equity Income by the investor. 2. Record the receipt of the $90 dividend. c. At what amount is the Equity Investment reported on the investor's balance sheet