Pratt Company purchased 60% of the outstanding voting shares of Sandy Company at the beginning of 2013 for $480,000. At the time of purchase, Sandy Company's total stockholders' equity amounted to $650,000. Income and dividend distributions for Sandy Company from 2013 through 2015 are as follows: Required: Prepare journal entries for Pratt Company from the date of purchase through 2014 to account for its investment in Sandy Company under each of the following assumptions: Pratt Company uses the cost method to record its investment. Pratt Company uses the partial equity method to record its investment. Pratt Company uses the complete equity method to record its investment. The difference between book value of equity acquired and the value implied by the purchase price was attributed solely to a depreciable asset, with a remaining life of 15 years