On January 1, Pharoah Corporation purchased a 25% equity in Helbert Corporation for $185,000. At December 31, Helbert declared and paid a $45,900 cash dividend and reported net income of $175,500. (a) Journalize the transactions. (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 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record dividends received)