Saved On January 2, 2021, MBH Inc, acquired 30% of the voting common stock of Construction Corporation as a long-term investment. Data from Construction Corporation's financial statements for the year ended December 31, 2021, include the following: Net income Dividends paid $145,000 $70,000 Required: Prepare any necessary journal entries for MBH at December 31, 2021, under the equity method of accounting for investments. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record the entry for investment revenue received from Construction Corporation. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal On January 2, 2021, MBH Inc. acquired 30% of the voting common stock of Construction Corporation as a long-term investment. Data from Construction Corporation's financial statements for the year ended December 31, 2021, include the following: Net income Dividends paid $145,000 $ 78,888 Required: Prepare any necessary Journal entries for MBH at December 31, 2021, under the equity method of accounting for investments, (if no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list Journal entry worksheet Record the entry for cash dividend received. Note: Enter debits before credits Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal