On January 1, 2020, Kingbird Corporation purchased 20% of the common shares of Oriole Company for $164,000. During the year, Oriole earned net income of $79,000 and paid dividends of $19,750. Prepare the entries for Kingbird to record the purchase and any additional entries related to this investment in Oriole Company in 2020. (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 164000 Cash 164000 (To record purchase of stock.) 15800 15800 (To record receipt of dividends.) Cash 3950 3950 (To record revenue.)