On January $2,2024,$ MBH Incorporated acquired $25\%$ of the voting common stock of Construction Corporation as a long$-$term investment. Data from Construction Corporation's financial statements for the year ended December $31,2024,$ include the following:

Net income

Dividends paid

$$151,000$

$$76,000$

Required:

Prepare any necessary journal entries for MBH at December $31,2024,$ under the equity method of accounting for investments. Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

$1$ Record the entry for investment revenue received from Construction Corporation.

$2$ Record the entry for cash dividend received