On January 1, 2020, Spark Corp. acquired a 40% interest in Cranston Inc. for $250,000. On that date, Cranston's balance sheet disclosed net assets of $430,000. During 2020, Cranston reported net income of $100,000 and paid cash dividends of $30,000. Spark sold inventory costing $40,000 to Cranston during 2002 for $50,000. Cranston used all of this merchandise in its operations during 2020. Required: Make all of Spark's journal entries for 2002 to apply the equity method to this investment