On January 1, 2017, cride Cormpany, a public company, purchased 35% of the common shares of family members of the company's founder. Oriole considers this a st Oriole. Oriole placed two members on the 10-person board of directors of Triple Titanium and the two members beleve they have been influential on the board through the year. Oriole and Triple Titandum both have December 31 year ends Tri le Titan m Inc. or 075 000 The re aning shares (65% are held by the rategic investment and a critical step into developing consumer markets. Triple Titanium is currently a supolier to During 2017, Triple Titanium reported profit of $290,000 and paid total dividends of $60,000 Prepare the following journal entries for Oriole, assuming significant influence does exist. (Credit account tites are automatically indented when the amount is entered. Do not indent manually. If no entry % reguired, seled "No I ntry" for the acument 'atm and enter o tar the annesi.) 1. 2. The acquisition of the investment Investment revenue and receipt of dividends related to the investment etermine the balance in the investment account on December 31, 2017, and December 31, 2018. how the investment account and related revenue accounts would be reported on the finandal statements for December 31, 2017