On January 1, 2025, Crane Corporation purchased 20\% of the common shares of Cheyenne Company for \$206,000. During the year, Cheyenne earned net income of $94,000 and paid dividends of $23,500. Prepare the entries for Crane to record the purchase and any additional entries related to this investment in Cheyenne Company in 2025. (List all debit entries before credit entries. Credit account titles are outomatically indented when amount is entered. Do not indent manualily if no entry is required, select "No Entry' for the occount titles and enter ofor the amounts.)