On January 1, 2017, Sheridan Corporation purchased 30% of the common shares of Skysong Company for S 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 O for the amounts.) Account Titles and Explanation Debit Credit Investment Income Cash To record purchase of stock) Cash 196000 5475 Investment Income 5475 To record receipt of dividends.) Investment Income 21900 Equity Investments 21900 To record revenue.)