Please help with journal entries for January 1 and December 31

On January 1, 2016, Bravo - Zulu Company purchased 10,000 shares of the stock of Rayco, and did obtain signicant inuence. The investment is intended as a long-term investment. The stock was purchased for $90,000, and represents a 30% ownership stake. Rayco made $25,000 of net income in 2016, and paid dividends of $10,000