On January 2, Todd Company acquired 40% of the outstanding stock of McGuire Company for $205,000, For the year ending December 31 , McGuire earned income of $48,000 and paid dividends of $14,000. Required: Journolize the entries for Todd Company for the purchase of the stock, share of MeGuire Company income, and dividends received from McGuire Company. If an amount. box does not require an entry, leave it blank