On January 1, 2020, Sarasota Corporation purchased 20% of the common shares of Ivanhoe Company for $206,000. During the year, Ivanhoe earned net income of $94,000 and paid dividends of $23,500. Prepare the entries for Sarasota to record the purchase and any additional entries related to this investment in Ivanhoe 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 (To record purchase of stock.) (To record receipt of dividends.) (To record revenue.)