Stellar Inc acquired 20% of the outstanding common stock of Theresa Kulikowski Inc. on December 31, 2020. The purchase price was $1,243,200 for 51,800 shares. Kulikowski Inc, declared and paid an $0.75 per share cash dividend on June 30 and on December 31, 2021. Kulikowski reported net income of $786,000 for 2021. The fair value of Kulikowski's stock was $27 per share at December 31, 2021 (a) Your answer is partially correct Prepare the journal entries for Stellar Inc. for 2020 and 2021, assuming that Stellar cannot exercise significant influence over Kulikowski. (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 titles and enter for the amounts) Date Account Titles and Explanation Debit Cred Prepare the jour STOP team torzuzanu zuze, assurgau Stenar tamu exerCISE Scan MUETTE UVET Kulikowski. (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 titles and enter for the amounts.) Debit Credit 120 Account Titles and Explanation Revenue from Investment 320 12430200 Cash 12430200 021 Cash 38850 Debt Investments 38850 021 V Cash 38850 Debt Investments 38850 (To record dividend.) Fair Value Adjustment 157200