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Presented below are two independent situations al Crane incluired 10% of the 601,000 shares of common stock of Schuberger Corporation at a total cost of

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Presented below are two independent situations al Crane incluired 10% of the 601,000 shares of common stock of Schuberger Corporation at a total cost of 511 per share on June 17, 2020 On September 3Schoberger declared and paid $101.000 dividend on December 31 Schubercer reported net income of $501.000 for the year Swifty Corporation obtained significantinence over Hunter Company by buying of Hunter's 101.000 outstanding shares of common stock at a cost of 515 per share on January 1, 2020 on May 15 Hunsaker declared and paid a cash dividend of 101.000. On December 31. Husker reported income of $20.000 for the year Prepare necessarjouma entries for 2020 for Crane and Swift of no entry is required, select "No entry for the account titles identer for the amount Credit accountitles ore automatically indented when amount entered. Do not indent manually. Record entries in the ordered in the

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