Wienguard Gold Corp paid $20,000,000 to acquire a 40 percent investment in Supreme Lid Further, assume Supreme Lid reported net income of S1,830,000 for the first year and declared and paid cash dividends of $650,000. Record the following entries in Wienguard's general journal Jan 2 Purchase of the investment Disregard brokerage commissions on the purchase Dec 31 Wienguard's proportion of Supreme Lid's net income Dec 31 Receipt of the cash dividends. Record the entries in Wienguard's general journal. Begin by creating a journal entry to record the purchase of the investment in Supreme Lid on January 2 (Record debits first, then credits. Enter explanations on the last line