Present entries to record the following selected transactions of Masterson Co. (a) Purchased 600 shares of the 100,000 shares outstanding $10 par common shares of Dankin Corporation for $5,100. (b) Purchased 3,500 shares of the 10,000 shares no par common shares of Ramon Co. for $45,700. The investment was accounted for by the equity method. (c) Received a cash dividend of $1 per share on the Dankin Corporation stock acquired in (a). (d) Received a cash dividend of $2 per share on the Ramon Co. stock acquired in (b). (e) Sold 100 shares of the Dankin Corporation shares acquired in (a) for $2,100. (f) Recorded the appropriate share of Ramon Companys net income of $50,000. The stock was acquired in (b).