The following are two independent situations. 1. Crane Cosmetics acquired 15% of the 135;500 shares of common stock of Nevins Fashion at atotal cost of 511 per share on March 18, 2022. On June 30, Nevins declared and paid a $53,500 dividend, On December 31. Nevins reported net ineome of $115,000 for the year. At December 31, the market price of Nevins Fashion was $13 per share. -2. Novak, Inc, obtsined significant iafluence over Rogan Corporation by baying 30% of Rogan's 35300 outstanding shares of commonstock at a total cost of 59 per share on January 1, 2022. On June 15, Rogan declared and paid a cantu dmidend of $33,900, On December 31 . Rogan reported a net income of $87.500 for the year. Prepore all the necessary journal entries for 2022 for (a) Crane Cosmetics and (b) Novak Inc. (list all debit eneriel before credit entries. Credit occount tities are outomaticolly indented when amount is entered, Do not indent manually. Record joumal entries in the order presented in the problem. If no entry is required, seiect "No entry" for the account titles and enter O for the amounts)