Oriole Company owns 25% of Lauer Company. For the current year, Laer reports net income of $170,000 and dedares and pays a $34,000 cash dividend. Record Oriole's equity in Lauer's net income and the receipt of dividends from Laudit account thes 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 Dec. 31 (To record duty in Lauer's net income) Dec. 31 (To record dividends received) CALCULATOR FULL SCREEN PRINTER VERSION NEXT On January 1, Crane Corporation purchased a 25% equity in Helbert Corporation for $157,500, At December 31, Helbert declared and paid a $45,100 cash dividend and reported net Income of $241,000. 4 BACK Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not intent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Date Account Tities and Explanation Debit Credit To record dividends received) (To record equity in Helbert Corporation's net income)