Problem 1-18 (Algo) (LO 1-2, 1-3, 1-4, 1-5, 1-6a) Milani, Inc, acquired 10 percent of Seida Corporation on January 1,2020, for $199.000 and appropriately accounted for the investment using the fair-yalue method. On January 1,2021, Milani purchased an additional 30 percent of Seida for $624,000 which resulted in significant influence over Seida. On that date, the fair value of Seida's common stock was $2,080,000 in total Seida's January 1,2021 , book value equaled $1,930,000, although land was undervalued by $136,000. Any additional excess fair value over Seida's book value was attributable to a trademark with an eight-year remaining life. During 2021, Seida reported income of $286.000 and declared and paid dividends of $100,000. Prepare the 2021 journal entries for Milani related to its investrnent in Seida. (If no entry is required for o transaction/event, select "No journal entry required" in the first occount field.) 1 Record acquisition of Seida stock. 2 Record the 40% income earned during period by Seida. 3 Record 2021 amortization for trademark excess fair value. 4 Record dividend declaration from Seida. 5 Record collection of dividend from investee