Shatner Corporation pays $615,000 for a 37 percent interest in Vernon Corporation on November 1, 2017, when the book value of Vernon's identifiable net assets equals fair value. Information relating to Vernon follows. December 31, 2016 December 31, 2017 Capital stock, $2 par $558,000 $558,000 Retained earnings 1,017,500 1,104,125 Vernon's net income, earned evenly throughout 2017 was $123,750. Vernon's dividends for 2017 were $37,125, (paid half each on March 1 and September 1). Prepare the journal entry to show the receipt of dividends on the Vernon stock by Shatner (if any). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TT T Arial 3 (12pt) T