Oriole Company acquired 32% of the outstanding common stock of Grinwold Inc on January 1, 2022, by paying $2,032,000 for 63,500 shares Grinwold declared and paid a $0.50 per share cash dividend on June 30 and again on December 31, 2022. Grinwold reported net income of $808,000 for the year, (a) Prepare the journal entries for Oriole Company for 2022, assuming Oriole cannot exercise significant influence over Grinwold. (Use the cost method.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit