Current Attempt in Progress

Riverbed Corporation purchased for $$325,000$ a $25\%$ interest in Murphy, Inc. This investment enables Riverbed to exert significant

influence over Murphy. During the year, Murphy earned net income of $$183,000$ and paid dividends of $$66,000.$

Prepare Riverbed's journal entries related to this investment. $($Credit account titles are automatically indented when amount is entered. Do

not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$