On Januarv $1,$ Carla Vista Corporation purchased a $25$ Equity in Helbert Corporation for $$164,500.$ At Decamber $31,$ Helbert declared and paid a $$57,900$ cash dividend and reported nat income of $$169,500.$

$(a)$

Mour answeriscortest

Date

Account Titles and Explanation

Debit

Credit

Ish $1$

$5$ sul misterint

cosh

Des $31$

Sudinnetrents

$($To recond dividends received$)$

Deresi

sther insthent

$42425$

$($To recond equity in Helbelt Corporaton's net income$)$

eTextbook and Medla

Llst of Accounts

Attempts: $1$ of $8$ used

$($b$)$

Youranswar is insorrect:

Determine the amount to be reparted as an investment in He bert stockat December $31$

Investment in Halbert, Decamber $31$

s$.$