On January 3, 2019, Windsor Company purchased for $495,000 cash a 10% interest in Sheridan Corp. (Accounted for as Available- for Sale Investments). The fair value of Windsor's investment in Sheridan securities is as follows: December 31, 2019,$556,000, and December 31, 2020, $509,000. On January 2, 2021, Windsor purchased an additional 30% of Sheridan's stock for $1,538.000 cash when the book value of Sheridan's net assets was $4,184,000. The excess was attributable to depreciable assets having a remaining life of 8 years. During 2019, 2020, and 2021, the following occurred. 2019 2020 Sheridan Net Income $351,000 446,000 555,000 Dividends Paid by Sheridan to Windsor $15,000 21,000 72,000 2021 On the books of Windsor Company, prepare all journal entries in 2019, 2020, and 2021 that relate to its investment in Sheridan Corp., reflecting the data above and a change from the fair value method to the equity method. (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.) Date Account Titles and Explanation Debit Credit 1.3, 2019 Equity Investments (Available-for-Sale) Cash (To record the purchase of a 10% interest in Sheridan Corp.) c. 31, 2019 cas Dividend Revenue (To record the receipt of cash dividends from Sheridan Corp.) Fair Value Adjustment Unreal Holding Gain or Loss-Income (To adjust fair value.) c. 31, 2020 Cash Dividend Revenue (To record the receipt of cash dividends from Sheridan Corp.) Unrealized Holding Gain or Loss-Equity Fair Value Adjustment (To adjust fair value.) (To adjust fair value.) 1. 2. 2021 Cash (To record additional purchase.) 1.2.2021 (To reclassify investment.) IN DIE IN (To eliminate accounts and balances used under fair value method accounting.) c. 31, 2021 Equity Investments Unrealized Holding Gain or Loss-Income (To record equity in net income of Sheridan.) Cash Equity Investments (To record the receipt of cash dividends from Sheridan Corp.)