On January $1,2023,$ Bactin Corporation acquired $10\%$ of Oakton Company for $$102,000.$ On that date, the total book value and fair value of Oakton's identifiable net assets was $$902,000.$ Any difference between cost and fair value is attributable to goodwill. In $2023,$ Oakton reported net income of $$62,000$ and paid dividends of $$32,000.$ On January $1,2024,$ Bactin Corporation bought another $10\%$ of Oakton for $$102,000,$ and on that date, the book value and fair value of Oakton's net assets still was $$902,000($the fair value of Oakton did not change during $2023).$ Bactin concluded that its $20\%$ ownership now allowed it to significantly influence Oakton$$s operations. In $2024,$ Oakton reported net income of $$82,000$ and paid dividends of $$42,000.$

Required:

Prepare all journal entries for Bactin for $2023$ and $2024,$ assuming no change in fair value of the Oakton stock during that time period.Answer is complete but not entirely correct.