Sandhill Company owns 25% of Lauer Company. For the current year, Laver reports net income of $195,000 and declares and pays a $39,000 cash dividend. Record Sandhill's equity in Lauer's net income and the receipt of dividends from Lauer. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account tities and enter O for the amounts)