Sunland Company owns 25% of Toppe Company. For the current year, Toppe reports net income of $163,600 and declares and pays a $64.720 cash dividend. Record Sunland's equity in Toppe's net income and the receipt of dividends from Toppe. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec. 31 (To record Sunland's equity Dec. 31 To record the receipt of dividends.)