On January 1, 2020, Whispering Corporation purchased 30% of the common shares of Metlock Company for $194,000. During the year, Metlock earned net income of $94,000 and paid dividends of $23,500. Prepare the entries for Whispering to record the purchase and any additional entries related to this investment in Metlock 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.)