On January 1, 2020 Paris Company acquired 25 percent of the common stock of Safir Corporation for $250,000, at underlying book value. For the same year, Safir reported net income of $40,000. It paid $6,000 dividends during the year. At December 31, 2020, Paris determined the fair value of the shares of Safir to be $243,000. a. Give all journal entries recorded by Paris with respect to the Investment in Safir assuming Paris uses equity method.