s Principles of Accounting 15e (ACE 171-185-272 Weygandt, Accounting Principles, 13 cice Assignment Gradebook ORION Downloadable eTextbook CALATOR FULL SCREEN PRUNTER VERSION BACK NET Exercise 16-07-b (Video) On January 1, Columber Corporation purchased a 25% equity in Fulbert Corporation for $191,500. Mt December 31, Hebert declared and paid a $59,100 ch dividend and reported net income of $171,000. Soumate the transaction. (Credit account wittes are automatically indented when amount is entered. Do not indent manually entry tu required, elect "Ne entry for the account titles and for the amounts Record journal entries in the arred in the problem Account Titles and Explanation Debit Credit Date To record dividends received) (To record equity in Helbert Corporation's net income) W LT OF ACCOUNT LINK TO TOT VIDEO SEHELAR ENERCISE LIIL CALCULATOR FULL SCREEN PRINTER VERSION BACK NE (To record dividends received) (To record equity in Helbert Corporation's net income) SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO SIMILAR EXERCISE Determine the amount to be reported as an investment in Helbert stock at December 31. Investment in Helbert, December 31 SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEOS SIMILAR EXERCISE Question Attempts: 0 of 8 used SAVE FOR LATER SUOMIT