Situation 1: Indigo Cosmetics acquired 10\% of the 199,000 shares of common stock of Martinez Fashion at a total cost of $14 per share on March 18, 2025, On June 30, Martinez deciared and paid \$67,900 cash dlvidends to all stockholders. On December 31, Martinez reported net income of $117,400 for the year. At December 31 , the market price of Martinez Fashion was $15 per share. Situation 2: Sweet, Inc obtained significant influence over Seles Corporation by buving 40 . of Seles's 29,800 outstanding shares of common stock. at a total cost of $10 per share on January 1. 2025, On June 15, Seles declared and paid cash dividends of $37,400 to all stockholders. On December 31, Seles reported a net income of $85,500 for the year. Prepare all necessary joumal entrles in 2025 for both situations. Wist oll debit entries before credit entries. Credit occount titles are automatically indented when amount is entered, Do not indent manual'y. If no entry is required, select "No Entry" for the account vitles and enter ofor the amounts. Record joumal entries in the order presented in the problem.)