Journal entry worksheet < A B Record the equity-method Income. Note: Enter debits before credits. Event 3 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < A B Record the equity-method Income. Note: Enter debits before credits. Event 3 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < A B Record the equity-method Income. Note: Enter debits before credits. Event 3 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < A B Record the equity-method Income. Note: Enter debits before credits. Event 3 General Journal Debit Credit Record entry Clear entry View general journal Reden Corporation purchased 45 percent of Montgomery Company's common stock on January 1, 20X9, at underlying book value of $300,150. Montgomery's balance sheet contained the following stockholders' equity balances: Preferred Stock ($4 par value, 50,000 shares issued and outstanding) Common Stock ($1 par value, 145,000 shares issued and outstanding) Additional Paid-In Capital Retained Earnings Total Stockholders' Equity $200,000 145,000 200,000 322,000 $867,000 Montgomery's preferred stock is cumulative and pays a 5 percent annual dividend. Montgomery reported net income of $92,000 for 20x9 and paid total dividends of $50,000. Required: Give the journal entries recorded by Reden Corporation for 20x9 related to its investment in Montgomery Company common stock. (If no entry is required for a transaction/event, select "No journal entry ranulat in the first arrunt fald