That is the written part.

Heidebrecht Design acquired 30% of the outstanding common stock of Quayle Company on January 1, 2015, by paying $745,500 for the 49,700 shares. Quayle declared and paid $0.50 per share cash dividends on March 15, June 15, September 15, and December 15, 2015. Quayle reported net income of $312,100 for the year. At December 31, 2015, the market price of Quayle common stock was $27 per share.

(a)

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Prepare the journal entries for Heidebrecht Design for 2015 assuming Heidebrecht Design cannot exercise significant influence over Quayle. Use the cost method and assume that Quayle common stock should be classified as a trading security. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

Hed g e on the 1 2, 100h co c k of Quayle Company December 31, 2015. wary 1, 2015, by paying Que common for the 40,700 shares. Que declared and paid 50.50 per share the vidends on March 15, June 15, September 15, and December 1, 2015 are Q Qeh re Amami AVE FOR LATER SURET ANSWER Problem 12-4A (Part Level Sursion) der Design ed the outstanding of a company en Qual reported time 12.190 or the year. At December 11, 2015. The ry 1, 2015, Quic 145,500 w 127 per share O s Quayle declared and 0.50 per she cash video arch 15, 2 15, September 15, and December 15, 2011 k a het and the jumalabsordbrecht Design for 2018 Herechten til indented when m onteredeneem an et aan h Anem FOR LATE SUNIYA