On $3/1/22$ Reacher Corp. purchased $1,000$ shares of Margrove, Inc., representing a $2\%$

interest in the company. On $9/15/22,$ Margrove issued total dividends $($to all

shareholders$)$ totaling $$500,000.$ What journal entry $($if any$)$ should Reacher Corp. record

on $\frac{9}{15}\frac{?}{22}?$