On February 2, 2011, MBH Inc, acquired 30% of the voting common stock of Contruction Corporation as a long term investment. Data from Construction Corporation's financial statements for the year ended December 31, 2011, include the following: Net Income $150,000 Dividends paid $75,000

Required: Prepare any necessary journal entries for MBH at December 31, 2011, under the equity method of accounting for investments.