The following are independent situations. Situation 1: Shamrock Cosmetics acquired 10% of the 198,000 shares of common stock of Martinez Fashion at a total cost of $12 per share on March 18, 2025. On June 30, Martinez declared and paid $82,000 cash dividends to alistockholders. On December 31 , Martinez reparted net income of $119,400 for the year. At December 31 , the market price of Martinez Fashion was $13 per share. Situation 2 Bridgeport, Inc obtained significant influence over Seles Corporation by buying 40% of 5 eles's 28,200 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 $36,300 to all stockholders. On December 31. Seles reported a net income of 587,100 for the year. Prepare all necessary journal entries in 2025 for both situations. (List all deblt entries before credit entries Credit account titles are sutomotically indented wher ameunt is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tieles and enter 0 for the amounts. Record journal entries in the arder presented in the problem)