Sweetwater Corporation acquired 25% of the common shares of Wright Inc. on January 1, 2022, by paying $1,870,000 for 66,000 shares. Both companies are publicly-traded companies. Wright declared and paid a $0.50 per share cash dividend on June 30 and again on December 31, 2022. Sharp reported net income of $880,000 for the year. At December 31, the fair value of the Wright shares was $29 per share. Prepare the journal entires for Sweetwater for 2022 assuming Sweetwater cannot excercise significant influence over Wright and decides to hold the shares as a trading investment