Prepare the following journal entries for ASU Company. A. On January 1, ASU Company acquired 30% of the outstanding stock of Darton Company for $100,000 B. Darton Company reported net income of $60,000 for the year. C. Darton Company declared and paid dividends of $30,000 for the year. Section B: Stock Investment Prepare the following journal entries for ASU Company. A. On January 1. ASU Company acquired 10% of the outstanding stock of Darton Company for $300,000 B. Darton Company reported net income of $100,000 for the year. C. Darton Company declared and paid dividends of $40,000 for the year