These are two independent situations:

Crane Cosmetics acquired $11\%$ of the $301,600$ shares of common stock of Elite Fashion at a total cost $$14$ per share on March $18,2022.$ On June $30,$ Elite declared and paid a $$72,900$ dividend. On December $31,$ Elite reported net income of $$248,250$ for the year. At December $31,$ the market price of Elite Fashion was $$16$ per share.

Pronghorn Inc. obtained significant influence over Kasey Corporation by buying $25\%$ of Kasey's $32,600$ outstanding shares of common stock at a total cost of $$10$ per share on January $1,2022.$ On June $15,$ Kasey declared and paid a cash dividend of $$32,200.$ On December $31,$ Kasey reported a net income of $$110,000$ for the year.