Question 3 Visage Cosmetics, a public company, acquires 40% of Tamarisk Inc.'s 28,100 common shares for $17 per share on January 2, 2021. On June 15, Tamarisk pays a cash dividend of $28,100. On December 31, Tamarisk reports profit of $380,500 for the year. At December 31, Tamarisk shares are trading at $22 per share. (a) Prepare the required journal entries to record the Tamarisk Inc. investment assuming significant influence exists. (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 account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record purchase of investment.) (To record collection of dividend from associate.) (To record investment income from associate.)