Part (c) Omega Corp common shares (Significant influence) On January 1, 2022, Alpha Inc acquired 125,000 shares, representing 25% of the outstanding shares of Omega Corp at a price of $20 per share, plus brokerage commission of $20,000. On July 31, 2022, Omega Corp declared and paid a dividend of $1.00 per share. Omega Corp's net income for 2022, earned evenly during the year, was $4,000,000. It included a loss from discontinued operations (net of tax) in the amount of $600,000. I On December 31, 2022, the shares of Omega Corp were trading on the Stock Exchange at $24 per share. Required: Prepare journal entries to record the acquisition of the investment, the receipt of dividend, and any adjusting entries required at the year-end (5 marks).