On January 1,2020 , Concord Corporation purchased 20% of the common shares of Marigold Company for $159,000. During the year, Marigold earned net income of $86,000 and paid dividends of $21,500. Prepare the entries for Concord to record the purchase and any additional entries related to this investment in Marigold Company in 2020. (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 0 for the amounts.)