On January 1, 2024, Alamar Corporation acquired a 38 percent interest in Burks, Incorporated, for $233,000. On that date, Burks's balance sheet disclosed net assets with both a fair and book value of $339,000. During 2024 , Burks reported net income of $81,000 and declared and paid cash dividends of $23,000. Alamar sold inventory costing $23,000 to Burks during 2024 for $44,000. Burks used all of this merchandise in its operations during 2024. Required: Prepare all of Alamar's 2024 journal entries to apply the equity method to this investment. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the income on intra-entity sale. Note: Enter debits before credits