These are two independent situations: 1 Marin Cosmetios acquired 12% of the 330,000 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 $82.500 dividend, On December 31, Elite reported net income of $266,000 for the year. At December 31, the market price of Elite Fashion was $16 per share. 2. Cullumber Inc. obtained significant influence over Kasey Corporation by buying 25% of Kasey's 33,000 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 $38,000. On December 31 , Kasey reported a net income of $127,000 for the year. Prepare all the necessary journal entries for 2022 for (a) Marin Cosmetics and (b) Cullumber Inc. (Credit account titics are outomatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) 2022