On February 2, 2013, MBH Inc. acquired 30% of the voting common stock of Construction Corporation as a long-term investment. Data from Construction Corporation's financial statements for the year ended December 31, 2013, include the following:

Net income $150,000
Dividends Paid 75,000

Required:

Prepared any necessary journal entries for MBH at December 31, 2013, under the equity method of accounting for investments.

Accounts	Debit	Credit