Roy Company purchased 25% of Dale Company for $600,000 on January 1, 2010. On the date of purchase, Dales book value was $1,600,000. Excess of cost over book value is due to equipment to be amortized over five years. Journalize the following for 2010 on the books of Roy, assuming Roy uses the equity method: a. Dale reported a total net income of $500,000. Amortization must be recorded. Dr. Cr. b. Dividends paid by Dale amounted to $220,000. Dr. Cr. c. The value of Roys investment in Dale had climbed to $1,300,000. d. Determine the balance in the investment account at December 31, 2010