Question 4 On January 1, 2018, your company acquires 10,000 shares of Investee Business Limited ("IBL"), representing 40% of the shares of IBL, for $200,000. As part of that investment, your company is entitled to appoint one director to the four-member Board of Directors. For the year ended December 31, 2018, IBL earns $400,000 of profit (net income) and no other comprehensive income. On January 2, 2019, IBL declares and pays dividends of $80,000 to all shareholders. REQUIRED Prepare journal entries for the following dates: (a) January 1, 2018; (b) December 31, 2018; and (c) January 2, 2019