On May 20, 2013, Montero Co. paid $1,000,000 to acquire 40% of ORD Corp.s outstanding stock. Also assume that ORD Corp. paid a $100,000 dividend on November 1, 2013, and reported a net income of $700,000 for 2013. (a) Prepare the entry to record the receipt of the dividend. (b) Prepare the entry to record the December 31, 2013, year-end adjustment required for the investment account.