On January 1, Poitras Lte, a public company, purchases \20 of Ayayai Corporation's common shares for \\( \\$ 244,000 \\) for strategic purposes. For the year ended December 31, Ayayai reports profit of \\( \\$ 221,000 \\) and pays a \\( \\$ 15,000 \\) cash dividend. The fair value of Poitras's investment in Ayayai at December 31 is \\( \\$ 275,000 \\). Prepare journal entries required assuming Poitras has significant influence over Ayayai. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is requirec select \"No Entry\" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)