On January 1, Crane Corporation purchased a 25% equity in Helbert Corporation for $152,500. At December 31, Helbert declared and paid a $45,100 cash dividend and reported net income of $241,000. (a) Your Answer Correct Answer (Used) Your answer is correct. Journalize the transactions. (List all debit entries before credit entries. Chedit 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. Record journal entries in the order presented in the problem.) Account Titles and Explanation Stock Investments Debit 152500 Credit [b] Cosh Cash Stock Investments (To record dividends received) Stock Investments Revenue from Stock Investments (To record equity in Helbert Corporation's not income) eTextbook and Media Solution List of Accounts Your Answer Correct Answer Determine the amount to be reported as an investment in Helbart stock at December 31. Investment in Halbert, December 31 S 11275 60250 152500 11775 60250 Attempts: 3 of 3 used