The following are two independent situations: 1. Sunland Cosmeties acquired 15% of the 234,000 shares of common stock of Nevins Fashion at a total cost or $10 per share on March 18. 2022. On lune 30, Nevins declared and paid a $59,800 dividend. On December 31 . Nevins reported net income of $124,800 for the year. At December 31, the market price of Nevins Fashion was $12 per share. 2. Oriole, Inc, obtained significant influence over Rogan Corporation by buying 35% of Rogan's 28,300 outstanding shares of common stock at a total cost of 53 per share on Jamuary 1,2022. On June 15. Rogan declared and paid a cash dividend of $30700. On December 31. Rogan reported a net income of $84.200 for the ycar. Prepare all the necessary journal entries for 2022 for (a) Sunland Cosmetics and (b) Oriole, Inc. (List ail debit entries before credit entries. Credit occount bities are dutomatically indented when amount is entered. Do not indent manually. Recond journal entries in the order presented in the problem. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) efextbook and Medla