Please solve this question

On 1 January 20X5, Zan Company purchased 4,500 of the 18,000 outstanding common shares of Woo Computer Corp. (WC) for $163,000 cash. Zan had significant influence as a result of the investment and will use the equity method to account for the Investment. On 1 January 20X5, the statement of financial position of WC showed the following book values (summarized): Assets not subject to depreciation Assets subject to depreciation (net) Liabilities Common shares Retained earnings $ 204,100 163, eee. 54,1ee 243,600 67,800 *Fair value, $231,500; difference relates to land. **Fair value, $190,400, estimated remaining life, 5 years. Assume there is no Impairment of goodwill. Additional subsequent data on WC are as follows: Earnings Cash dividends declared and paid Fair value per share 2ex5 20x6 $ 54,100 $ 80, 100 42,100 68,100 $ 22 $ 44 Required: 1-1. Provide the investor's entries or give the required Information for: (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) a. Entry at date of acquisition. c. Entries at 31 December 20X5 to recognize Investment revenue and dividends. d. Entries at 31 December 20X6 to recognize Investment revenue and dividends. Required: 1-1. Provide the investor's entries or give the required information for: (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) a. Entry at date of acquisition. c. Entries at 31 December 20x5 to recognize Investment revenue and dividends. d. Entries at 31 December 20x6 to recognize Investment revenue and dividends. View transaction list Journal entry worksheet