Problem H-4 Wildhorse Co. acquired 30% of the outstanding common stock of Grinwold Inc. on January 1, 2017, by paying $1,806,700 for 62,300 shares. Gr?nwold declared and paid a $0.35 per share ca dividend on June 30 and again on December 31, 2017. Grinwold reported net income of $836,000 for the year. Prepare the journal entries for Wildhorse Co. for 2017, assuming Wellman cannot exercise significant influence over Grinwold. (Use the cost method.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit | Jan. 1 June 30 Dec. 31