Paper Company acquired 80 percent of Scissor Company's outstanding common stock for $296,000 on January 1, 20X8, when the book value of Scissor's net assets was equal to $370,000. Paper uses the equity method to account for investments. Trial balance data for Paper and Scissor as of December 31, 20X8, are as follows: Cash Accounts Receivable Inventory Investment in Scissor Stock Land Buildings & Equipment Cost of Goods Sold Depreciation Expense Selling & Administrative Expense Dividends Declared Accumulated Depreciation Accounts Payable Bonds Payable Common Stock Retained Earnings Sales Income from Scissor Total Paper Company Debit Credit 191,000 140,000 190,000 350,400 250,000 875,000 250,000 65,000 280,000 80,000 565,000 77,000 250,000 625,000 280,000 800,000 74,400 2,671,400 2,671,400 Scissor Company Debit Credit 46,000 60,000 120,000 0 125,000 250,000 155,000 12,000 50,000 25,000 36,000 27,000 100,000 250,000 120,000 310,000 0 843,000 843,000 1. Prepare any equity-method entry(ies) related to the investment in Scissor Company during 20X8