These are two independent situations 1. Blossom Cosmetics acquired 13% of the 315,700 shares of common stock of Elite Fashion at a total cost of $14 per share on March 18, 2022. On June 30, Elite declared and paid a $76,000 dividend. On December 31, Elite reported netincome of $222.830 for the year. At December 31, the market price of Elite Fastion was $17 per share. 2. Pina Inc. obtained significant influence over Kasey Corporation by buying 25% of Ka5ey'5 30,100 outstanding shares of common stock at a total cost of $11 per share on January 1,2022. On June 15, Kasey declared and paid a cash dividend of 535,400, On December 31. Kasey reported a net income of $119,900 for the year. Prepare all the necessary journal entries for 2022 for Blossom Cosmetics. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) Prepare all the necessary journal entries for 2022 for Pina Inc. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented wilgn the amount is entered, Do not indent monually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.)