On January 1, 2020, Larkspur Corporation purchased 30% of the common shares of Cullumber Company for $196,000. During the year, Cullumber earned net income of $73,000 and paid dividends of $18,250. Prepare the entries for Larkspur to record the purchase and any additional entries related to this investment in Cullumber 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 0 for the amounts.)