On Augat $1,2023,$ MRL Corporation, which follows ASPE, parchaned $20\%$ of the outatanding voting shares in Wer Corporationfor companies had a December $31$ year end Ad the end d $2023,$ WI reportand a rel income of $$325$ pot stoc, on Berreter $34,7099$ The fair value of the investment in WI thares was $$1\mathrm{.}375\mathrm{.}000\mathrm{.}0$ s janury $10\mathrm{.}2024,$ WUT paid a canhdhidend marg ownerlhe entitles it to $$20,000$ of the dividend.

Prepare the journal entries on the boda of MRA. Conporation to record the tranactions desolbed above, asmand that the $20\%$ interest in WIT des ret represent significant infloerce, and that MSC$.$ elected to account for is investment followire the fair wher anounts $($tit all dibit entro lefore owdit entries$)$

$\backslash$table$[[$Date$,$Account Titles and Explanation,Defoit,creent$],[,,,],[,,,$