only do b2 and c. I will like the answer you give

On Januory 1, 20x0, Pepper Corporation issued 9,000 of its $10 por value shares to acquire 45 percent of the shores of Solt Monufacturing. Solt Manufacturing's balonce sheet immediately before the ocquisition contained the following items: On the date of the stock acquisition, Pepper's shares were selling ot $35, and Solt Manufacturing's buildings and equipment had a remaining economic life of 5 years. The amount of the differentiol assigned to goodwill is not impaired. In the two years following the stock acquisition, Salt Manufocturing reported net income of $88,000 and $58,000 and paid dividends of $29,000 and $48,000, respectively. Pepper used the equity method in accounting for its ownership of Solt Manufacturing. b-2. Prepare the journal entries recorded by Pepper during 201 related to its investment in Solt Monufocturing. Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. A Record the dividends received from Salt Manufacturing. A B Record the equity-inethad income for period. c Record the entry to amortize the differential assigned to buildings and equipment. Note : = joumal entry has been entered c. What bolance will be reported in Pepper's investment account on December 31,201