On January 2, Yorkshire Company acquired 42% of the outstanding stock of Fain Company for $552,500. For the year ended December 31, Fain earned income of $135,100 and paid dividends of $20,700.

Journalize the entries for Yorkshire Company for the purchase of the stock, the share of Fain income, and the dividends received from Fain Company. Refer to the Chart of Accounts for exact wording of account titles.