Part e: Assume that on January 1, 2021, Parnevik Corporation purchased 20% (5,000 shares) of the outstanding stock of Conor Corporation for $100.000. During 2021, Conor Corporation paid dividends of $3.00 per share and earned $60,000 in net income. At the end of 2018, Conor Corporation's stock had a fair market value of $22 per share. Prepare the necessary journal entries for 2021, assuming that, with this ownership, Parnevik has significant influence over Conor Corporation