On January 3, 2021, Swifty Inc. obtained significant influence over the operations of Ing Ltd. by buying 25% of Ing's 38,000 outstanding common shares, at a cost of $9.80 per share. The following events took place in 2021. June 15 December 311 Ing declared and paid a cash dividend of $38,000. Ing reported net income of $75,300 for the year. The fair value of the Ing shares at December 31, 2021 was $11.30 per share. Prepare the journal entries for Swifty Inc. for the fiscal year ended December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit