On January 1, 2017, Sheridan Corporation purchased 30% of the common shares of Skysong Company for $196,000. During the year, Skysong earned net income of $73,000 and paid dividends of $18,250 Prepare the entries for Sheridan to record the purchase and any additional entries related to this investment in Skysong Company in 2017. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit sto 196000 Cash To record purchase of stock.) Cash 196000 5475 Debt Investments 5475 To record receipt of dividends.) Debt Investments 21900 Debt Investments 21900