On January 4, Year 1, Barber Company purchased 8,000 shares of Convell Company for $98,200.Convell Company has a total of 40,000 common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next tv Convell declared and paid cash dividends of $0.85 per share, and its net income was $90,000 and $85,000 for Year 1 and Year 2, respectiv January 2, Year 3, entry to record Barber's sale of 4,800 shares of Convell Company stock, which represents 60% of Barber's total investme $64,800 cash, should be