On January 1, 2017, Wildhorse Corporation purchased 40% of the common shares of Sheffield Company for $201,000. During the year, Sheffield earned net income of $77,000 and paid dividends of $19,250. Prepare the entries for Wildhorse to record the purchase and any additional entries related to this investment in Sheffield 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
(To record purchase of stock.)
(To record receipt of dividends.)