Resolute Limited acquired 45% of Jain Corporation's 61,000 common shares for $18 per share on January 1,2018. On June 15, Jain declared a cash dividend of $ 132,000 to all of its shareholders and Aurora received its share of the dividend on the same day. On December 31, Jain reported net income of $ 301000 for the year. At December 31, Jain's shares were trading at $ 19 per share. Resolute accounts for this investment using the equity method. Resolute also acquired 15% of the 421,000 common shares of Trevis Ltd for $ 28 per share on March 18, 2018. On June 30, Trevis declared a $ 304,000 dividend to all of its shareholders and Aurora received its share of these dividends on that day. On December 31, Trevis reported net income of $583,000 for the year. At December 31, Trevis's shares were trading at $27 per share. Resolute intends to hold onto the Trevis shares as a long-term investment for the dividend income. Resolute uses the fair value through profit or loss model for this investment. Record the above transactions for the year ended December 31, 2018. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) te Aceant Titles and Esplanation (To rocend Resolutes share of Jain's profit) To recond unreallined gain/oss